How is the day ahead market implemented? Is it sequential or do traders submit 24 bids at once?
At the moment, sequential market clearing is implemented in AMIRIS: Traders send their bids every time period (e.g. hourly) to the exchange where a market clearing is performed for that time period. The duration of that time period is not fixed but can be configured.
AMIRIS could be easily adapted to a block-wise clearing method that covers multiple time periods at once. However, this might also require more complex bidding strategies from the traders.