4 ms·
You could skip the price models/curves, and just go with a real-time exchange. Something like NordPool (https://www.nordpoolspot.com/ https://www.nordpoolspot.c
by ProblemFactory 8y ago
You could skip the price models/curves, and just go with a real-time exchange. Something like NordPool (https://www.nordpoolspot.com/ https://www.nordpoolspot.com/), which trades electricity between UK, Germany, Nordics and Baltics.
Electricity price on the market changes every hour depending on production and consumption. You can trade on it like on any futures market, or as an active participant if you had a large battery or transmission cables. Local utilities here offer "market price + 5% margin" plans to home consumers if you want to take advantage of the lows to adjust your usage.