Definition of Adjustment bid

EIA Energy Glossary
Adjustment bid
A bid auction conducted by the independent system operator or power exchange to redirect supply or demand of electricity when congestion is anticipated.

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ADJUSTMENT BID definition was found in categories: Science & Technology(1)  

ADJUSTMENT BID Definition from Science & Technology Dictionaries & Glossaries

Energy Glossary
ADJUSTMENT BID
A bid that is used by the ISO to adjust supply or demand when congestion is anticipated.