This application allows you to import indexed prices to your project based on the formula you have contracted with your Portuguese supplier.
This way, you will be able to compute how much your consumption represents in euros imported directly from Redes Energéticas Nacionais.
This article includes the following sections:
- Prerequisites to be able to set up the indexed prices
- Configuration of the indexed prices
- Overview of the home screen
- Import of prices
- Concepts included in the application
- Additional information
Prerequisites to be able to set up the indexed prices
The first step before you start using this application is to create your prices in the Supplies and Prices section. When you do so, you must select the option "Based in wholesale market". Subsequently, in the "Price change interval" you must select "30 minutes", due to the Portuguese tariff structures.
To learn how to create these prices, click on the following link. This article may also be of interest to you.
Configuration of the indexed prices
All prices created will appear on the initial screen, distributed in two tables: configured and not configured. Initially, all the prices will appear in the non-configured table pending to be configured. From that table, and selecting the Configure button, the configuration menu will open, where you will have to follow the following steps:
- Define your indexed price formula.
- Select the applicable losses, in case they are included in your price.
- Create the variable concepts you need and use them in your formula.
- Variable items can have as many price changes as necessary.
- Select the date from which you want to calculate the price, and... That's it!
Overview of the home screen
The home screen will show the indexed prices divided into two tables depending on whether they have already been configured or not.
The following fields will be displayed in the configured table:
- Country of the selected indexed price.
- Last indexed price that the application has been able to calculate.
- NOTE: This value will always coincide with the last price for today, which will be at 23:30h.
- Status of the price, if it has been calculated correctly, or if any problem has occurred.
- The possibility of recalculating the price from a date other than the one already calculated.
- The possibility of deleting the configuration for that price.
- NOTE: this action will be necessary if you wish to modify the current price configuration.
Import of prices
Prices are calculated and imported into the platform every day at 23h in the evening and for the following day.
Concepts included in the application
Currently, the application contains two concepts for the Portuguese market:
- MD: Daily Market (calculated by OMIE and published by REN).
- LOSS: Network Losses published by the Entidade Reguladora dos Serviços Energéticos including:
- BT: Low Voltage
- MT: Medium Voltage
- AT: High Voltage
- AT/RT: High Voltage / Transmission Grids
- MAT: Very High Voltage
- Variable concepts: other concepts that you can define by period and with the possibility of adding price changes over time.
Additional information
Other points to bear in mind for the proper functioning and understanding of the application are the following:
- Once a price has been configured, price changes can be added for variable concepts on future dates, but if you wish to modify the formula or add price changes in the past, the configuration must be deleted, and a new one must be created.
- Once you have created a price configuration, within the configuration screen the date field will be locked and will indicate the date for which that price started to be calculated. In case you decide to recalculate that price (from the initial screen) for an earlier date than the one selected in the initial configuration, that date will be updated to indicate that the price has been recalculated from an older date than the one initially selected.
- Regardless of the type of loss (LOSS) you select, you must always use LOSS as a variable in the formula.