Quick answers to common questions about long-term auctions.
What does an "Insufficient Solvency" error message mean?
When you're about to submit a booking or a bid, you might receive an error message that status you have Insufficient Solvency. If so, you have likely ex...
How do I know when auctions will happen at PRISMA?
A current list of scheduled auctions can be found in the “Auction Calendar“.
How can I acquire capacity products that are not required to be auctioned?
PRISMA also offers you the possibility to book transport and storage capacity on a first-come-first-served basis. If your TSO supports this, you can also req...
What is the process for booking capacity if the PRISMA platform is not available?
Business continuity measures differ depending on emergency type and on affected TSOs and SSOs. Specific measures for each case are published in the respecti...
Filters are usually not shown immediately. You can access all available filters by clicking on the button on the top-left of the table. Table...
At what times are the bidding rounds for Long-Term auctions on PRISMA?
Bidding rounds of Long term auctions Day 1: 09:00 - 12:00 1st bidding round 12:00 - 13:00 processing and publishing 13:00 - 14:00 2nd bidding round...
How long should a long-term auction last?
Theoretically, there is no strict deadline for long-term auctions. All long-term auctions use the Ascending Clock Algorithm. As such, they could extend...
What is the starting price of a long-term auction?
The starting price of every long-term auction consists in the regulated tariff determined by the TSO. In bundled products, the regulated tariffs of both TSO...
How do I know if a balancing group or portfolio code is required to participate in a long-term auction?
It is the prerogative of each TSO to require balancing group or portfolio codes for auction participation. If the operator does so, you will find an additio...
How do I know that my bid was correctly placed?
To see your bids and other relevant transactions, go to the main page of your account and click on "Activity" in the top white menu.