Market Price Simulation - How clearing works

Market price simulation concept diagram showing capacity and bid inputs, hourly conditions, aggregated supply and demand curves, clearing price, traded volume, and warning states.

The market simulation is a price-formation sandbox. You choose capacities and bid prices, scenarios change available supply and demand, then each hour clears where aggregated supply and demand meet.

Build the supply stack

Each technology has MW capacity and a bid price. These blocks become the available supply curve for the selected hour.

Scenario conditions reshape the hour

Demand, wind, solar, hydro, imports, and storage availability change what the market can clear.

Demand and supply curves intersect

The model sorts and stacks offers and bids, then finds the first point where available supply can meet demand.

Price and quantity are outputs

The clearing point sets the market price and traded volume for that hour. If no supply exists, the price is null.

History and warnings help interpretation

The chart, summary cards, and notices explain whether the market is tight, import-reliant, curtailed, or unable to price.