Definition of Adjustment bid

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TeachMeFinance.com - explain Adjustment bid



Adjustment bid

The term 'Adjustment bid' as it applies to the area of energy can be defined as '  A bid auction conducted by the independent system operator or power exchange to redirect supply or demand of electricity when congestion is anticipated'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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