Models / GB Price Model

One-bus GB wholesale price model, rebuilt and validated weekly: hourly INDO transmission demand, ELEXON FUELHH availability profiles, fuel+carbon merit order and a tranche-laddered interconnector stack, solved natively in Convexity and gated against ELEXON MID day-ahead prices.

License: Proprietary
Open
licenseProprietaryproblemLP (DC economic dispatch)

Overview

Asset-resolved one-bus GB wholesale price model built natively in pyconvexity from the live Elexon BM-unit register — per-station thermal merit order (revealed-preference fit), per-BMU wind with B1610+BOALF curtailment-corrected availability, per-BMU storage, daily ONS SAP gas, neighbour-priced interconnector ladder. Rebuilt and gate-validated weekly against Ember day-ahead prices and ELEXON FUELHH dispatch. Full-year 2025: price bias −£0.07/MWh, r 0.89; dispatch ratios gated in [0.7, 1.4]. Successor to GB Price Formation, meeting its calibrated accuracy at hourly resolution.

Downloads

  • dispatch_2025_demo.db — free one-week demo (sign-in)
  • dispatch_2025.db — full-year solved model (licence-gated)