Curtailment of bids in Elspot will take place in the situation where the aggregated supply and bid curve within a price area does not intersect. This may be the case in an area where there is significant over supply or under supply (this kind of situation is rather rear).

        Curtailment at min price         Curtailment at max price

In order to settle the price at balance between demand and supply in an area with over supply  it is necessary to curtail the sales bids so that the supply curve intersect with the demand curve at minimum price – currently € 0.

In order to settle the price at balance between demand and supply in an area with under supply it is necessary to curtail the purchase bids so that the demand curve intersect with the supply curve at maximum price – currently € 2000.

The total curtailment in a price area is divided among the affected participants pro rata based on their wish for sale or purchase at minimum or maximum price (respectively).