Data and Model
In the videos below, you can see where the data used in the Market Simulator comes from and their references. The first 3 videos about data is part of the online course: "Hands-on experience with the electricity market". This course is available in its full version on another page on this platform. In addition, there is a video that describes how missing data from the data supplier "Enerdata" is estimated.
There are also a number of videos that describe the optimization model in the Market Simulator, the investment model and the area division model. The videos are intended for those who want knowledge about how the very fast optimization in the Market Simulator takes place, how the Market Simulator calculates future investments in new electricity production facilities and how PMS can subdivide price areas.