Exploratory visual analytics for the european single intra-day coupled electricity market

Sumeyra Demir; Koen Kok; Nikolaos G. Paterakis

doi:10.1109/SEST48500.2020.9203043

Exploratory visual analytics for the european single intra-day coupled electricity market

Sumeyra Demir, Koen Kok, Nikolaos G. Paterakis

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › Academic › peer-review

Abstract

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.

Original language	English
Title of host publication	SEST 2020 - 3rd International Conference on Smart Energy Systems and Technologies
Publisher	Institute of Electrical and Electronics Engineers
ISBN (Electronic)	9781728147017
DOIs	https://doi.org/10.1109/SEST48500.2020.9203043
Publication status	Published - Sep 2020
Event	3rd International Conference on Smart Energy Systems and Technologies, SEST 2020 - Virtual, Istanbul, Turkey Duration: 7 Sep 2020 → 9 Sep 2020

Conference

Conference	3rd International Conference on Smart Energy Systems and Technologies, SEST 2020
Country	Turkey
City	Virtual, Istanbul
Period	7/09/20 → 9/09/20

Keywords

Data visualisation
European cross-border intra-day market
Exploratory visual analytics
Limit order book
SIDC project

Access to Document

10.1109/SEST48500.2020.9203043

Link to publication in Scopus

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Cite this

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title = "Exploratory visual analytics for the european single intra-day coupled electricity market",

abstract = "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. ",

keywords = "Data visualisation, European cross-border intra-day market, Exploratory visual analytics, Limit order book, SIDC project",

author = "Sumeyra Demir and Koen Kok and Paterakis, {Nikolaos G.}",

year = "2020",

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booktitle = "SEST 2020 - 3rd International Conference on Smart Energy Systems and Technologies",

publisher = "Institute of Electrical and Electronics Engineers",

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note = "3rd International Conference on Smart Energy Systems and Technologies, SEST 2020 ; Conference date: 07-09-2020 Through 09-09-2020",

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Demir, S, Kok, K & Paterakis, NG 2020, Exploratory visual analytics for the european single intra-day coupled electricity market. in SEST 2020 - 3rd International Conference on Smart Energy Systems and Technologies., 9203043, Institute of Electrical and Electronics Engineers, 3rd International Conference on Smart Energy Systems and Technologies, SEST 2020, Virtual, Istanbul, Turkey, 7/09/20. https://doi.org/10.1109/SEST48500.2020.9203043

Exploratory visual analytics for the european single intra-day coupled electricity market. / Demir, Sumeyra; Kok, Koen; Paterakis, Nikolaos G.

SEST 2020 - 3rd International Conference on Smart Energy Systems and Technologies. Institute of Electrical and Electronics Engineers, 2020. 9203043.

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › Academic › peer-review

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