Forecast Components

Definition

A Forecast Component is all or part of a Forecast Definition stored separately as a .xml file.

Usage

A Component also allows you to save a Forecast Definition in whole or part, for later use or to share with other EMarketOffer users. This is useful in situations when you have spent time modelling a complex situation, and want to save your modelling for future use.

Components are created by exporting all or selected parts of a Forecast Definition to the Component Library. These Components can be imported into new Forecast Definitions at a later time. Components can also be made available to other users of EMarketOffer and incorporated into their Forecast Definitions.

Component Classes

Class	Type	Description
Circuits	Transmission System (Static with periodic changes)	Contains static Circuit and dynamic re-rating details that influence dispatch
Equations	Transmission System (periodic changes)	Contains dynamic Equation Constraint applications and re-ratings
Nodes	Market (Dynamic time series)	Nodal Demand data
Units	Market (Dynamic time series)	Historical Offers
Reserves	Market (Dynamic time series)	Reserves Settings

A Forecast Component can contain:

1. The whole Definition
2. A whole class (e.g. Demand for all Nodes)
3. Individual items within a class (e.g. selected Circuits within the circuit class)

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