Day-ahead Market
Energy Engineering · Last updated: July 30, 2026 · How this entry was written
Definition: The day-ahead market is a forward electricity market where participants submit bids and offers for power delivery the following day, allowing the system operator to schedule generation and set prices.
Example in context
“In the day-ahead market, generation companies offer their capacity and load-serving entities bid for electricity to meet forecasted demand.”
“Gün öncesi piyasasında, üretim şirketleri kapasitelerini teklif eder ve yük hizmeti veren kuruluşlar tahmini talebi karşılamak için elektrik için teklif verir.”
Where engineers use it
The day-ahead market is the primary venue for scheduled trading of electricity. Engineers use market outcomes to plan unit commitment and manage fuel procurement.
Synonyms: DAM, forward market
Antonyms: real-time market
Practice: can you use “Day-ahead Market” at work?
You are a trader at a power plant. Prepare a day-ahead bid for a combined-cycle unit based on expected gas prices and load forecast.
Show a model answer
“How does the day-ahead market determine the schedule for power generation?”
“Day-ahead Market” in 21 languages
| English | Day-ahead Market |
|---|---|
| Turkish | gün öncesi piyasası |
| French | marché journalier |
| German | Day-Ahead-Markt |
| Spanish | mercado diario |
| Chinese | 日前市场 |
| Arabic | سوق اليوم التالي |
| Portuguese | mercado do dia seguinte |
| Russian | рынок на сутки вперед |
| Japanese | 翌日市場 |
| Italian | mercato del giorno prima |
| Vietnamese | thị trường ngày tới |
| Hindi | पूर्व-दिवस बाजार |
| Thai | ตลาดล่วงหน้าหนึ่งวัน |
| Indonesian | pasar sehari sebelumnya |
| Korean | 전일 시장 |
| Bengali | আগের দিনের বাজার |
| Dutch | day-ahead markt |
| Swedish | day-ahead-marknad |
| Finnish | päivämarkkinat |
| Ukrainian | ринок на добу наперед |
Frequently asked questions
What does Day-ahead Market mean in engineering?
The day-ahead market is a forward electricity market where participants submit bids and offers for power delivery the following day, allowing the system operator to schedule generation and set prices. In Energy Engineering, the term carries a usage-frequency rating of 10/10 in the Engineering English library.
How do you pronounce Day-ahead Market?
Day-ahead Market is pronounced /deɪəˈhɛd ˈmɑrkɪt/ (IPA). The Engineering English app plays audio for the term and checks your pronunciation with speech recognition.
How is Day-ahead Market used in a sentence?
Example from an engineering context: “In the day-ahead market, generation companies offer their capacity and load-serving entities bid for electricity to meet forecasted demand.”
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