By placing a standing bid, the system automatically places bids on a defined schedule. This makes it easy to set up a bid, and have it reused over time. Actual bids that are placed in the market based on a standing bid defined here, will be visible in the search bid endpoint.
All datetimes must be provided in the UTC timezone
Processing timeline for CAISO day-ahead market
Note that, if the day is Today, the market may currently be open for either:
Tomorrow: if the current time is before 8am PT
Day after tomorrow: if the current time is after 8am PT
Modifying standing bids
Standing bids can be modified by placing a new standing bid for the same meter, day-type, start-time and hour-ending combination. The previous curve will be completely replaced by the new curve.
A standing bid can be cancelled only before the market opens. Cancel a standing bid by submitting an empty curve for a meter, day-type, start-time and hour-ending combination.