Enter Offer

Providing you are a Registered SRA Small Resource Aggregator Auction Participant See Relevant Rules or Procedures, you can use the Enter Offer interface to submit an Offer Energy, Dispatch, FCAS Offer, MNSP, MTPASA Bid or Offer submission File for an open Auction.

The system validates all Offers and returns a validation or rejection notification. For details, see Acknowledgement.

For other ways to submit Offers, see Submitting a bid or offer file.

Enter offer validation rules

The last valid Offer File submitted and acknowledged is the Active Offer, replacing all earlier submitted Offers. The Active Offer is highlighted on the View Offers interface and is the Offer processed when the Auction closes.

  1. The Auction is open. For help, see SRA Dates. You can only access the interface during the Offer Period while the Auction is open.
  2. The Participant ID has signed the new version of the Auction Participant Agreement (APA) allowing them to Offer and Cancel Units.
  3. The Participant ID is a registered SRA Auction Participant.
  4. The SRA Auction Participant has a unit allocated to them for that Category and Relevant Quarter that is not already cancelled.
  5. The Tranche ID is valid.
  6. The Directional Interconnector ID and From Region ID are valid.
  7. The Offer quantity is an integer value.
  8. The SRA Auction Participant has enough Trading Limit (Cash Security) to keep their Trading Margin equal to or greater than zero.
  9. You can submit up to 2000 different Offers in each Offer File for an open Auction.
  10. You have a one-hour session to enter your offer. A message displays towards the end of the session to confirm if you want to continue or end the session. If you want to keep your data, click Continue.
  11. You can submit and create Offers with one Offer ID and Price for one Tranche, Directional Interconnector and a specified number of Units.
  12. The SRA system does not process: Offers not submitted, invalid, or deleted.