It has been possible to submit intraday bids since the start of GOPACS. With redispatch, network operators reduce the demand for transmission capacity via GOPACS on the basis of intraday bids. The grid operator places the congestion situation as an order in GOPACS. Participants with a connection in the congestion area can respond by placing an order on an energy trading platform connected to GOPACS. Actions to resolve congestion should not cause problems for the balance maintenance of the power grid at the national level.
Therefore, placing a buy order is always combined with a sell order outside the congestion area or vice versa. This way, the congestion situation is solved without disturbing the balance on the power grid.
If the order is called, you will receive the requested price for it. Financial settlement takes place via the energy trading platform linked to GOPACS.
Want to know more?
Interested or want to know more about the bidding contract options? Ask your grid operator about it.
GOPACS helps to keep the electricity grid reliable
Maarten Abbenhuis - COO, TenneT
What People are saying about GOPACS
Power trader - Optimax Energy
"Optimax Energy is very enthusiastic about GOPACS because it allows us as a young trading company to participate in a congestion management mechanism in the Netherlands through a very transparent and well-defined process. Energy markets are changing rapidly and we believe these mechanisms also need to evolve to meet the challenges ahead in a more innovative and clear way."
Head of Short Term Trading - Engie
"We embrace the transparency that GOPACS brings us in various areas: GOPACS clearly indicates where there are network problems and thus where we cannot further fine-tune our power stations. It also clearly indicates which volumes are sought and traded. This transparency benefits competitiveness."
CEO - Powerhouse
"Congestion is an important social problem that is only increasing. That is why we were one of the first to join. Powerhouse is convinced that we can offer a solution to the transport problem with the Gopacs platform and the power of our customers."
GOPACS is an initiative of the Dutch grid operators:
Join GOPACS! Participating in GOPACS is interesting for every market party with the ability to influence electricity consumption or the generation of electricity, which can offer this flexibility to trade.