Shaping Method Column

This column defines the shaping method for the Shaping Target as either:

Overall, the simulation collects data hourly to estimate the price-to-demand relationship for use in the storage optimization, however this is not quite like the preforecast used in traditional commitment. In this case, demand and price data are based on values from the previous month, with the prior month's demand, net of the storage operation, being used to determine the relationship. Once price-to-demand relationship is estimated, the optimization seeks to maximize value of the storage unit.

 Input Tables

 Storage Table

 Shaping Method Column


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