Day-ahead market simulator (Euphemia algorithm)
- Starting from an input scenario consisting of: aggregate ask/bid curve (or public offers), transit capacity between market areas, production from FER, total load, etc.; the simulation service replicates the Euphemia algorithm, and calculates a new market solution in an output scenario.
- The output scenario obtained will consist of: the prices of the bidding areas, the accepted volumes and the flows between the market areas.
- The input scenario can always be modified in all its components, and, by using the simulator again, it will be possible to calculate a new market solution in a new output scenario.
- The service is available for the Italian (IPEX) and European (CWE) markets.
- It is the complete solution for analyzing the day-ahead electricity market and measuring the effectiveness of new bidding strategies. It can be used for short, medium and long-term simulations.