Will run on a stand-alone device connected via a local IP network to other relevant systems such as the Energy Systems Integration Emulator and Energy Storage Emulator: a Raspberry PI connected via a LAN is shown in the system overview.
Simulate the core aspects and conditions of the UK electricity power market including but not limited to the generation stack, merit order pricing, demand-supply imbalance (long/short system conditions) and settlement-balancing activities in real-time.
Will have the ability to initiate and setup the simulation of market setup and conditions based on historical data of representative days of the UK electrical power market, data can be from a combination of sources such as:
As a minimum, will have the following markets & stages simulated:
Wholesale Market Simulation
Gate Closure
Balancing Mechanism
Delivery & Calculation of Real-time Imbalance
Ancillary Services
Capacity Market Limited simulation only, open to recommendations.
For completeness, trading activities for other market participants, will also be simulated, and as much as possible, based on or extrapolated via data available from sources identified.
The Electricity Power Markets Emulator (EPM) emulator hardware is not in scope, however recommendations based on the solution put forward would be welcomed.