UNITS

FOR SALE

Vendors at the market of production of energy supply are required to adhere to the Market Operating Rules Electric Power Production by means of the subscription of the relevant Accession Agreement. The offerings of these vendors will be presented to the operator of the market , and will be included in a matching procedure to have effects to the horizon daily programming for the day following the day of closing of receipt of tenders for the session, and twenty comprehensive consecutive hourly scheduling periods (twenty or twenty-five day periods that occur time change). All the units of production available that are not affected to a bilateral contract are required to submit bids to the market daily . Smaller units of 50 MW or those that the entry into force of Law 54/97 were not benefiting from the RD 1538/1987 do not have to submit offers to market daily and may do so for those programming periods as they consider appropriate. So it is optional for special regime producers declaring to market the energy surplus, given the alternative of presenting offerings to market , maintaining its right to the premiums provided for the scheme. They may also present offers of sale of energy the agents nonresident dealers authorized to do so. Buyers in the market for production of energy supply are the marketers, direct consumers and traders of last resort. Buyers may submit tenders for acquisition of energy supply in the market daily , being a necessary condition for this that are registered in the corresponding Administrative Register, and adhere to the Market Operating Rules. It is understood by unit acquiring the set of nodes of the network connection for which the purchaser has offers for acquisition of energy supply . The last resort retailers go to market to purchase electricity that need to provide consumers with regulated tariff. Marketers flock to the market to acquire energy for their sales to direct consumers. Direct Consumers can purchase energy directly into the market organized by a marketer, signing a bilateral contract
with a producer or staying temporarily as regulated tariff consumer .. Upload

SUBMISSION OF BIDS
The offers of sale and purchase may be made considering of 1-25 sections each time, in each of which offer energy and price of it, with the price increasing for each section in the case of the sales, and decreasing in For the purchases. The offers economical sale of energy supply that vendors submit the operator's market can be simple or complex conditions incorporate because of their content. The deals are simple offers economical sale of energy that vendors have for each hourly period and unit of production for which they hold with expression of a price and a quantity of energy . The deals that incorporate complex conditions of sale are those which comply with the requirements for the offers simple, also incorporate all, some or any of the technical or economic conditions following: Indivisibility condition. Load gradient. Minimum income. Programmed stop. The condition of indivisibility can fix in the first section of each hour minimum operating value. This value can only be broken by the application of load gradients declared by the same agent, or by applying distribution rules in case of non-zero price. The gradient of charge to set the maximum difference between the power start time and end time power unit production , limiting the energy maximum to marry based on the appeal of the previous hour and next , to avoid abrupt changes in the units of production that can not technically follow the same. The condition of income allows performing minimum deals in all the hours, but respecting the unit of production is not involved in the outcome of the appeal of the day , if you do not get to all of their production in the day , an income above a fixed amount, established in pesetas or euros, plus a variable remuneration established in pesetas or cents for each kWh married. The condition of scheduled stop allows the unit if production has been removed from the appeal by failing to meet the required minimum income condition, perform a scheduled stop in a maximum time of three hours, avoiding stop since its program in the late day zero before the first hour of

the day following , by the acceptance of the first section of the first three hours of their offer as offers simple, with the only condition that the energy offered is decreasing every hour. In the market daily integrate the open positions of market futures held by the Iberian Market Operator Power-Pole Portuguese, through the submission of offers to purchase or sale ; integrate the plant auctions of energy for the part that goes to market daily to sell or buy the energy involved in these auctions, and also integrate the distribution auctions for the part of producers attending the market daily to acquire energy to meet contract commitments arising from these auctions.