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What is the Forward Curve Creator? |
Posted by Administrator on 07/15/2009 |
It is a software tool based on Microsoft Excel with an enhanced Matlab computational execution code, designed to create hourly forward price curves in electricity markets. The software uses futures prices to define the level of the forward price curve, and historical settled prices to create the curve shape and relative product relations.
To model hourly forward prices, the Forward Curve Creator:
The Forward Curve Creator enables this functionality in two steps:
1. Based on historical data and your preferences you can build a model (or numerous models) that contain data on product correlations and characteristic day factor curves.
2. Based on a saved model and future product prices you can creates hourly forward price curves.
Last changed: 07/15/2009 at 11:20 pm
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