kilowatts-io / kilowatts-grid

Open source live power market data for Great Britain
https://gb.kilowatts.io
MIT License
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Live Imbalance Volume/Price Calculation #225

Open BenjaminWatts opened 7 months ago

BenjaminWatts commented 7 months ago

It may be possible/feasible to supplement the existing boalf acceptance data in the backend with Bid/Offer data to calculate each minute an estimated imbalance price. This could be displayed on the totals screen.

It would be necessary to implement each stage of tagging - and this may be quite complicated. In addition - it may be necessary to consider undoing actions - which is quite complex. Also it is probably necessary to evaluate a whole settlement period - not just a single point in time.

The newly released system-prices https://bmrs.elexon.co.uk/system-prices and Detailed System Price https://bmrs.elexon.co.uk/detailed-system-prices endpoints are published with a lag of circa 1 hour - so will not help with live data.