Grid Singularity Wiki Spot Market Types

Grid Singularity Exchange

Grid Singularity Wiki

Grid Singularity Exchange

General Overview
General Overview
Set up a simulation of an active local energy market
Set up a simulation of an active local energy market
- Instructions for running simulations using the Grid Singularity interface: Singularity Map
  Instructions for running simulations using the Grid Singularity interface: Singularity Map
  - Build a community
  - Assets configuration
    Assets configuration
    
    Assets Configuration Overview
    
    Home
    
    Solar Panels (PVs)
    
    Consumption (Load) Profiles
    
    Battery (Storage)
    
    Power Plant
    
    Heat Pumps and District Heating
    Heat Pumps and District Heating
    
    Heat Pump & Virtual Heat Pump Overview
    
    Heat Pump
    
    Virtual Heat Pump
  - Community Settings
  - Grid Market Settings
  - Events (Adding, Removing Assets, etc.)
- Instructions for running simulations using the Grid Singularity backend code
  Instructions for running simulations using the Grid Singularity backend code
  - Backend Installation Instructions
    Backend Installation Instructions
    
    Linux Installation Instructions
    
    Mac Installation Instructions
    
    Windows Installation Instructions
    
    Version Updates
  - Backend Simulation Configuration
    Backend Simulation Configuration
    
    Setup Configuration
    
    Setting General Configuration Parameters
    
    Market Backend Configuration
    
    Assets Installation
    
    Configuring Events
    
    Launching Simulation
  - Backend Results
    Backend Results
    
    Backend Results Overview
    
    Energy bills
- Data Requirements and File Upload Format
Results and Analysis
Results and Analysis
Market Mechanisms
Market Mechanisms
- Market Types
  Market Types
  - Market Types Overview
  - Spot Market
    Spot Market
    
    Spot Market Types
    
    One-Sided Pay-as-Offer Market
    
    Two-Sided Pay-as-Bid Market
    
    Two-Sided Pay-as-Clear Market
  - Balancing Market
    Balancing Market
    
    Balancing Market Structure
    
    Balancing Market Implementation
  - Settlement Market
    Settlement Market
    
    Settlement Market Structure
    
    Settlement Market Implementation
    Settlement Market Implementation
    
    Markets and rotation
    
    Assets strategies
- Bids/Offers Process and Hierarchical Market Structure
- Trading Strategies
- Grid Fee Accounting
  Grid Fee Accounting
- Degrees of Freedom
Collaborations and APIs
Collaborations and APIs
- Create a Grid Singularity Collaboration
- Connect to the Grid Singularity APIs
  Connect to the Grid Singularity APIs
  - Introduction
  - Configure trading strategies through the Grid Singularity Asset API
    Configure trading strategies through the Grid Singularity Asset API
    
    Grid Singularity Asset API Overview
    
    Asset API
    Asset API
    
    Asset API Events
    
    Asset API Commands
    
    Asset API Template Script
    
    Launch the Asset API
    Launch the Asset API
    
    Registration - Simulations run on the User-Interface
    
    Registration - Simulations run on the Backend
  - Implement dynamic grid fees through the Grid Singularity Grid Operator API
    Implement dynamic grid fees through the Grid Singularity Grid Operator API
    
    Grid Singularity Grid Operator API Overview
    
    Grid Operator API.
    Grid Operator API.
    
    Grid Operator API Events
    
    Grid Operator API Commands
    
    Grid Operator API Template Script
    
    Launch the Grid Operator API
    Launch the Grid Operator API
    
    Registration - Simulations run on the User-Interface
    
    Registration - Simulations run on the Backend
  - Customise the clearing algorithm through the Grid Singularity Matching API
    Customise the clearing algorithm through the Grid Singularity Matching API
    
    Grid Singularity Matching API Overview
    
    Matching API
    Matching API
    
    Matching API Events
    
    Matching API Commands
    
    Matching API Template Script
    
    Launch the Matching API
    Launch the Matching API
    
    Registration - Simulations run on the User-Interface
    
    Registration - Simulations run on the Backend
  - Extract data (historical profile and grid topology) through the Grid Singularity Historical Data and Grid Data APIs
Grid Singularity Canary Test Network
Grid Singularity Canary Test Network
- Connect to a Grid Singularity Canary Test Network
- Send live energy asset data streams to the Grid Singularity exchange
  Send live energy asset data streams to the Grid Singularity exchange
Blockchain Integration
Blockchain Integration
References
Releases Archive

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Spot Market Types

In a local energy market (LEM), bids and offers are matched according to the selected clearing mechanism. Studies show that different clearing mechanisms offer diverse benefits and limitations relating to market efficiency, fairness, and user choices. Grid Singularity’s exchange (previously D3A), three spot market types are implemented: