Prices - "Electricity Spot Price" not precise enough

[ThierryOllivero]

Hello @corradio and @nikkozzblu,

Thanks for your work on prices. Love it. A little issue though.

The map currently shows "Electricity spot price", which is not defined.

It seems like we are currently recovering A44 from ENTSO-E Transparency Platform. Unless I'm mistaken, A44 consists of "Day-Ahead" prices. Not "Intraday".

Therefore, I would suggest to:

• Either fetch Intraday prices somewhere
• Rename "Electricity Spot Price" into "Day-Ahead Price".

Also, please update the Readme.MD to explain where the prices are coming from (and that we are talking of Day Ahead).

Best regards,

Thierry

[nikkozzblu]

Hello,

Almost raised that one as well, actually in my version I used day-ahead. Then found that EPEX actually refer to SPOT prices as Day-ahead https://www.epexspot.com/en/market-data/elix hence let it go. But in any case "Day-Ahead" I definetly more precise and "Intraday" can come after

[corradio]

We should definitely update the README. However the main question is whether or not "spot prices" is better than "day ahead prices". I think day ahead prices induces more complexity, because it forces you to understand there's a market where people bid 24h ahead of time etc.. There I settled on "spot prices", which is easy to understand from a non-expert point of view: it's the price of electricity on the spot market, regardless of how that spot-market works.

However, when/if we add the intraday (balancing) prices, we will need to make a very clear distinction. For now I personally believe it's ok?

[nikkozzblu]

I still vote for day ahead, intraday (or 2 hours ahead) is another, and balancing (with 3 levels!¡!) yet another ones. Yes electricity market are not simple :p

[corradio]

Please re-open if the fix is not good enough:

Readme was also updated.

[ThierryOllivero]

Looks good to me !