Submit bids manually in the markets portal

If you have existing bids, the easiest way to create a new bid is to copy the existing bid. For help, see Copy an existing bid profile.

  1. Access the capacity auction. For help, see Accessing capacity auction.
  2. In the Bid Profile interface, click New Bid. Follow the steps below to create your new bid, for help, see Figure 64.
    For help with the contract details, see the Contract Details report in Guide to Capacity Trading and Day-Ahead Auction Reports.

  1. Select the bid Date range:
  2. Start and end date (can be single day).
  3. Bids can cover multiple gas days.
  4. You can submit bids up to 15 days into the future.
  5. For more help, see Submit bids manually in the markets portal.
  6. Select Product details:
  7. Facility: To assist in the selection of the receipt and delivery points or zones.
  8. Product: forward haul, backhaul, or compression service. For help, see Product rules.
  9. Service Reference: For help, see Service Reference rules.
  10. The latest bid for a gas day and auction product (specific receipt point and delivery point combination) is used in the auction.
  11. Select Receipt and Delivery Points:
  12. Single point-to-point bid on a facility.
  13. Linked Bid for multiple point-to-point combinations on the same or different facilities.
  14. A DWGM Reference: If it is a DWGM Receipt or Delivery Point.
  15. For more help, see Submit bids manually in the markets portal.
  16. link a product to the bid, if required, and follow the steps above.
  17. Specify Cumulative quantity:
  18. Up to 10 steps per bid.
  19. Each step Quantity represents an increasing cumulative value.
  20. Gigajoules (GJ)
  21. Must be at least 1 GJ
  22. A maximum quantity of 500,000 GJ
  23. Must be a whole number.
  24. Specify Price:
  25. Up to 10 steps per bid.
  26. In $/GJ expressed up to four decimal places.
  27. Australian dollars ($)
  28. Must be $0.0001/GJ or higher.
  29. Not more than $50/GJ
  30. Review and click Submit bids.
  31. The Bid Profile interface displays the confirmation or rejection message.
    If you receive a rejection message, fix the error and resubmit your bid.
    A successful bid also triggers sending of the Auction Bid Confirmation report to your Participant File Server inbox. For details, see Guide to Capacity Trading and Day-Ahead Auction Reports.

Figure 64 Create bid