MO:Scenarios

(Difference between revisions)
Jump to: navigation, search
(Created page with "{{#hidens:}}")
 
Line 1: Line 1:
 
{{#hidens:}}
 
{{#hidens:}}
 +
=== Definition ===
 +
A Scenario is a snap shot of a single Trading Period created from either a Market or a Forecast '''''Data Source'''''.
 +
 +
Scenarios can be manipulated for 'what-if' analysis purposes. ''EMarketOffer'' effectively gives you control over any factor that influences dispatch, allowing you to make changes and instantly re-dispatch to see the outcome.
 +
 +
Another useful feature of a Scenario is the ability to conduct sensitivity analysis, using a marginal analysis technique to investigate the sensitivity of the Market to small changes in a selected '''''Dispatch Factor.'''''

Revision as of 16:51, 29 January 2013

Definition

A Scenario is a snap shot of a single Trading Period created from either a Market or a Forecast Data Source.

Scenarios can be manipulated for 'what-if' analysis purposes. EMarketOffer effectively gives you control over any factor that influences dispatch, allowing you to make changes and instantly re-dispatch to see the outcome.

Another useful feature of a Scenario is the ability to conduct sensitivity analysis, using a marginal analysis technique to investigate the sensitivity of the Market to small changes in a selected Dispatch Factor.

Personal tools
Namespaces
Variants
Actions
Navigation
Toolbox