The task
Submit a day-ahead bid curve for one asset across twenty-four hours, given the load forecast, the outage schedule and the historical basis.
Who it is for
Head of Power Trading
A model that backtests beautifully and then blows out a real-time position is worse than no model at all.
Submit a day-ahead bid curve for one asset across twenty-four hours, given the load forecast, the outage schedule and the historical basis.
Pays settled day-ahead revenue net of real-time, in dollars, at the clearing prices the market operator actually published for that day.
Imbalance charges and ramp limits settle against the same score, and any bid the market operator would have rejected settles at zero. A schedule the plant cannot physically deliver loses money in the grader exactly as it would on the desk.
The counterweight is the part worth arguing about. A reward with nothing pulling against it is a target, and a target is what a model learns to hit instead of doing the job.
Nothing. There is no environment for this vertical, no recorded run, and no number. It is a proposal, written to the same shape as the one that is built so you can judge it on the same terms.
The environment that does exist is Word Five. It is a word game, and it is deliberately not one of these twelve: it is there to show the machinery, not to imply we have built yours.