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Model markets

Markets contain submarkets and energy assets. Energy assets can post bids and offers in their market. Markets are interconnected by inter-area agents in a hierarchical network, which pass bids and offers between markets until they are matched, following a select market clearing mechanism.

User Interface configuration¶

The following market parameters can be set:

Name: Must be unique
Grid fee: If set to yes and with a non-None value, a fee will be applied to each trade that passes through or is cleared in this market. The grid fee is either constant, expressed in cents/kWh, or variable, expressed as a share of total price in percentage terms (%) depending on the parameters set in the simulation general settings.
Transformers capacity: Import and export limits of the transformer in kVA. In the current implementation these limits are purely visual indicators and do not limit actual import/export of the market.
Baseline import/export: Allows the user to compare the current simulation imports/exports to a baseline, set in kWh. These values are used in the calculation of the Peak Percentage KPI.

The simulation configuration interface is shown below:

alt_text

Backend configuration¶

These parameters can be set in the backend in the Area / Market class :

Area('Market',
                         [
... "some assets here"
                         ],
grid_fee_constant=2,
throughput=ThroughputParameters(import_capacity_kVA=2.0, export_capacity_kVA=2.0, baseline_peak_energy_import_kWh=0.4, baseline_peak_energy_export_kWh=0.4))