The auction for the acquisition of energy under CESUR shall be conducted as a dynamic descending-bid auction.
Prior to the holding of the auction, the participants in it shall be informed of the products and amounts to be auctioned.
Throughout the auction process, the participants may bid for the awarding of a certain amount of blocks, competing with the other participants to obtain such award.
The supply shall be awarded through the procedure of dynamic descending-bid auction, departing from an opening price, initially high that is progressively reduced until a balance is reached between supply and demand (amount tendered at such a price equal to 100% of the supply tendered).
The auction shall be conducted through the electronic system for conducting auctions.