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Committed ⭐️⭐️
September 29, 2022
Planned for development

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

Related products:Other
  • September 29, 2022
  • 4 replies
  • 64 views

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.

    4 replies

    Committed ⭐️⭐️
    September 29, 2022

    An example of the problem

    Anita Hæhre
    Expert ⭐️⭐️⭐️⭐️
    Head of Community
    September 29, 2022
    NewGathering Interest
    Anita Hæhre
    Marte  Nielsen
    Practitioner ⭐️⭐️⭐️
    Practitioner ⭐️⭐️⭐️
    September 29, 2022

    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 👍🏻

    Anita Hæhre
    Expert ⭐️⭐️⭐️⭐️
    Head of Community
    October 27, 2022
    Gathering InterestPlanned for development
    Anita Hæhre