FFR_price {finnishgrid}

Fast Frequency Reserve FFR, price

Description

Check https://data.fingrid.fi/en/dataset/nopea-taajuusreservi-hinta

Usage

FFR_price(start_time = NA, end_time = NA, user_key = NA)

Arguments

start_time

Start time in UTC with offset. Character array in ISO8601, YYYY-MM-ddTHH:mm:ssZ

end_time

End time in UTC with offset. Character array in ISO8601, YYYY-MM-ddTHH:mm:ssZ

user_key

Character array holding API-key. Free from https://data.fingrid.fi/open-data-forms/registration/

Value

A data frame object that contains the price of procured Fast Frequency Reserve (FFR) (EUR/MW). The price will be published 22:00 (EET) on previous evening. The price is determined by the price of the most expensive procured bid (marginal pricing). The Fast Frequency Reserve (FFR) is procured to handle low-inertia situations. The needed volume of Fast Frequency Reserve depends on the amount of inertia in the power system and the size of the reference incident.

Examples

## Not run: 
library(finnishgrid)
start = "2021-01-01T00:00:00+0200"  # UTC+2 offset, Helsinki time
end = "2021-01-10T00:00:00+0200"    # UTC+2 offset, Helsinki time
key = "MY_SUPER_SECRET"
df <- FFR_price(
    start_time = start,
    end_time = end,
    user_key = key)
summary(df)

## End(Not run)