Add Market Price Generator for Exchanges

oemof / marketlib

Project to model the trading of energy to different markets using various power plant models

MIT License

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Add Market Price Generator for Exchanges #8

Open busiing opened 2 years ago

busiing commented 2 years ago

[x] Historial Data DA
[x] Historial Data ID
[x] Average Price DA
[x] Average Price ID
[x] Profile DA
[x] Profile ID
[ ] Volatility DA
[ ] Volatility ID

Fernando3161 commented 2 years ago

I would need to know the formulations behind the "predictions" for the generation of market data.

[x] Formulation
[x] Function building
[x] Integration for future years as case, i.e, use the function for 2021 onwards where there is no data.

Fernando3161 commented 2 years ago

@busiing #iss8 has now included the required functions under /src/market_price generator.py

For years 2015-2017: Uses artificial DA and ID profiles, and FB and FP market data
For years 2018-2021: Uses market data for DA, ID, FB, and FP
For years 2021-2025: Uses artificial DA and ID profiles, and FB and FP market data
For years 2025-: Uses artificial data for DA, ID, FB, and FP

Fernando3161 commented 2 years ago

Need to discuss what you mean with volatility and how can it be formulated

busiing commented 2 years ago

@Fernando3161 please check if the price pattern generated provide the same results as the excel price pattern generator. The data is provided here on branch iss8.

Fernando3161 commented 2 years ago

Prices diverge only on 1 h on Autumn when the clock changes. This is due to a different standard used for the DA/ID Index prices: Pandas/Standard is to make switch at 2am. Data is making switch at 3am.

A suggestion would be to replace the "3am" standard timestamps with a 2am generated timestamps. The difference would be only those two hours in the summer / winter daylight saving time switch.