ffr_price {finnishgrid}

Fast Frequency Reserve FFR, price

Description

The price of procured Fast Frequency Reserve (FFR) (/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.

Usage

ffr_price(start_time_utc = NA, end_time_utc = NA, user_key = NA)

Arguments

start_time_utc

Start time in UTC. Character array YYYY-MM-ddTHH:mm:ss.sssZ

end_time_utc

End time in UTC. Character array YYYY-MM-ddTHH:mm:ss.sssZ

user_key

Character array holding API-key. Free from https://data.fingrid.fi/en/instructions

Value

A data frame object with time series data having period 1 h and unit type €/MW.

See Also

https://data.fingrid.fi/en/datasets/277

Examples

## Not run: 
library(finnishgrid)
start = "2024-06-01T00:00:00.000Z"  # UTC
end = "2024-06-03T00:00:00.000Z"    # UTC
key = "MY_SUPER_SECRET"
df <- ffr_price(start_time_utc = start,
         end_time_utc = end,
         user_key = key)
summary(df)

## End(Not run)