Problem: Production volume only on the last price step in the bid matrix

Related products: Other

As a production planner, I want a bid matrix that represents our actual water values. Today, we can experience that the given price scenarios do not necessarily trigger any production in every hour. That could be due to high water values or a limited water reservoir. The result is a matrix where the production is only on the last price column. This is not a correct representation of our water values, and something that could trigger an investigation from the market surveillance if used in the market. I think it is not a single solution to this problem. Sometimes, the solution is to have a wider price spread (needs a pop-up alarm or automatic fix), sometimes the right solution could be to get long term water values from our cut-files, or it could be a logic using the water values from hours where production is triggered.

An example of the problem


NewGathering Interest

Thank you for the feedback. 
 

Suggesting a short focus session on options for both short and medium term. 
 

Hypothesis being: 

1. short term, do something to the price scenario generation logic that takes the water value into consideration. 

2. medium term, it will be possible to generate parallel workflows where the logic for creating a matrix can be altered to account for water values 

 

Let’s discuss 👍🏻


Gathering InterestPlanned for development