A flexi order is a block order with a maximum duration of 23 consecutive hours. The interval limit can span any period from 00:00 to 24:00.
The system aims to choose the period which corresponds to the flexible order providing the best social welfare. The starting hour of flexi order is not defined by the user but will be determined by the algorithm (hence the name “flexible”). The hour in which the flexi order is accepted, is calculated by the algorithm and determined by the optimization criterion.
Example of usage
A flexi sales order gives companies with power intensive consumption the ability to sell back power to the spot market by closing down industrial processes for the period in question.