Implementation of day ahead market in AMIRIS

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.

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