Exploratory visual analytics for the european single intra-day coupled electricity market
European single intra-day coupled electricity market (SIDC) trading activity has increased substantially in recent years mainly as a consequence of the increasing penetration of renewable energy production and its subsequent impact on imbalance market prices. Nonetheless, more research is needed to understand this growing market. This paper presents exploratory visual analytics tools for tradable contracts of the SIDC. The main visualisations are created from order and trade books and intended to increase our domain knowledge of the SIDC by monitoring market trends, behaviours, depth, price consensus and liquidity. Furthermore, previous contracts of SIDC volumes and balancing prices are visualised to identify trading opportunities and risks. We expect that the presented visual analytics will be useful for both practitioners and researchers seeking quick and easily implementable tools for acquiring additional market insights and developing manual or automated trading strategies.
To reference this document use:
European cross-border intra-day market
Exploratory visual analytics
Limit order book
Renewable energy resources
Institute of Electrical and Electronics Engineers Inc.
SEST 2020 - 3rd International Conference on Smart Energy Systems and Technologies, 3rd International Conference on Smart Energy Systems and Technologies, SEST 2020, 7 September 2020 through 9 September 2020