Long Term Auctions

Elma's Long-Term Auction System

Elma offers an electronic and flexible auction system for long-term electricity contracts. This is a specialized, automated platform where sellers or buyers of electricity can offer contracts for sale or purchase under their own terms. Participants submit bids based on the terms advertised for each auction. The system automatically calculates the optimal matching of bids, ensuring an efficient and impartial outcome. This guarantees that the platform caters to the diverse needs and priorities of market participants.

Key Features of the Auction System

  • Secure – Utilizes two-factor authentication and ensures full traceability of transactions.
  • Transparent and Fair – All transactions are conducted based on published terms. Automated evaluation and matching of bids ensure equal treatment, with auction results delivered without delay.
  • User-Friendly – Designed for ease of use with an efficient interface that supports predictability and security in trading.

The system is built on four key principles: Equality, Security, Automation, and Efficiency, which together foster reliable market transactions.

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