Price input format

Price input format#

When running Prodrisk from the command line, price input is given by a combination of three files:

  • PRISREKKE.PRI/PRISREKKE.CSV

  • PRISAVSNITT.DATA

  • PRISREKKE.PRISMOD

PRISREKKE.PRI#

The file PRISREKKE.PRI should contain spot market prices for all weeks in all historical years. Within each week, prices are given with price period Time resolution resolution. The file structure is presented below.

‘;.’ - Seperator and decimal sign
2;’’;;’’;’’;
3;’’;’’;’’;
3;3;0;10; - 3, 3, (0=Parallell, 1=Serial), Number of weeks
10;1;10; - Number of weeks, start week, end week
2;1901;1902; - Number of historical years, historical years
4;25;89;40;14; - Number of price periods, hours per price period (should add up to 168)
;;1;2;3;4;5;6;7;8;9;10; - Index for each week
1901;1;… - Historical year, price period, (price week 1), (price week 2), etc
1901;2;…
1901;3;…
1901;4;…
1902;1;…
1902;2;…
1902;3;…
1902;4;…

Starting with the price time series file PRISREKKE.PRI, PRISREKKE.CSV or any other pricefilename.csv, as described below, genpris can be run. In genpris, the number of price nodes is decided:

genpris generates the file PRISREKKE.PRISMOD (or pricefilename.PRISMOD).

PRISAVSNITT.DATA#

The file PRISAVSNITT.DATA must correspond to the number of price periods in the price time series. The file is auto generated in the program ltm, see LTM documentation for further information. However, the price periods in the two files (pricefilename.PRI and PRISAVSNITT) must be consistent. PRISAVSNITT.DATA controls the coupling between individual hours of the week and the chosen price periods Time resolution–>. The file structure is presented below.

1, - deprecated, write “1,”
4, - number of price periods
1, ‘pricePeriod1 ‘, - price period index and name
2, ‘pricePeriod2 ‘,
3, ‘pricePeriod3 ‘,
4, ‘pricePeriod4 ‘,
3, 3, 3, 3, 3, 3, 3, 3, 1, 1, 1, 1, 1, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2,Mon - corresponding price period for each hour
3, 3, 3, 3, 3, 3, 3, 3, 1, 1, 1, 1, 1, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2,Tue
3, 3, 3, 3, 3, 3, 3, 3, 1, 1, 1, 1, 1, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2,Wed
3, 3, 3, 3, 3, 3, 3, 3, 1, 1, 1, 1, 1, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2,Thu
3, 3, 3, 3, 3, 3, 3, 3, 1, 1, 1, 1, 1, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2,Fri
2, 4, 4, 4, 4, 4, 4, 4, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2,Sat
2, 4, 4, 4, 4, 4, 4, 4, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2,Sun

PRISREKKE.PRISMOD#

The file PRISREKKE.PRISMOD contains price nodes and transition probabilities for the price model used during backwards recursion. It is generated by the program _genpris.exe which takes PRISREKKE.PRI and PRISAVSNITT.DATA as input. If the price input is changed between Prodrisk runs, genpris.exe should be run such that PRISREKKE.PRISMOD correctly represents the edited price input.

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