Piclo provides system operators (SOs) the tools to show suggested pricing or ‘pricing signals’ for each competition as a way to help the market consider their pricing strategies.
According to the different strategies deployed by SOs, there is a variety of pricing signal data options:
- Maximum and minimum budget (£) - these ranges are assigned per competition per year
- Availability guide pricing (£/MW/h or £/MVAr/h) - should be used as a guide to help Flex Providers (FPs) price availability bids
- Utilisation guide price (£/MW/h or £/MVAr/h) - should be used as a guide to help FPs price utilisation bids
- Service fee (£/MW/h or £/MVAr/h) - the annual fee paid for capacity as per the SO's payment structure
If pricing signals are offered by a SO they can be found on the map. Click on a competition to bring up the details, any pricing signals will be visible if they have been included.
Further Help on Pricing Bids
Piclo also provides past and present competition data (incl. bids) to help FPs price their bids.
Details on how to access and utilise this can be found in market data access.