Guide for Transferee

Submitting a Bid

In order to submit a bid, the following information will be required:

  • Unique CMU Identifier: The Capacity Market Unit (CMU) ID you propose to fulfil the Agreement with.
  • Proposed capacity (MW, de-rated): De-rated capacity of the CMU you are bidding with. Secondary trading has a minimum transfer requirement of 1MW de-rated capacity.
  • Proposed transfer START: Date that you propose to take over ownership of the Agreement.
  • Proposed transfer END: Date that you propose to end ownership of the Agreement.
  • Proposed price (£/kW/year): The proposed amount you will earn for taking on the Agreement.

How to Bid into Listed Contracts

The below steps will take you through the process of bidding into a listed contract:

  1. Go to Exchange > Browse, here you will find a list of current live listings. 
  2. To view more details of a certain listing, click ‘view’. 
  3. To submit a bid for a listing, go to Exchange > Browse > View > Submit a Bid.
  4. Complete all bid parameter fields and select ‘I agree to the Piclo Exchange 'Market Specific Terms'.
  5. Once a bid has been submitted, it can be viewed in ‘manage bid’.
  6. To edit or delete a bid, please contact us at support@piclo.energy
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