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Table of Contents

VIDEO

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Summary

Benchmarking performance is key to understanding the efficacy of your decision making and enables you to interrogateanalyse, and thereby improve, the decision making process.

Performance metrics will evolve as manual bids transition to algo Algo bids and as the sophistication of algo Algo bids improves. Therefore the number and types of reports will develop change over time.

Tip

Hover over Report and click the report you wish to view

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Using a Report Page

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Open a Report

Tip

Select a Date, DUID(s) and Algo (if more than one is available)

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Info
  • If more than one DUID is selected then all values are aggregated in the report.

  • The Report will automatically update as the date is changed or the selected duid(s) change.

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View options

Tip

Click on the ‘greater and less than’ symbols to expand and contract components of the report

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Info
  • The unit of all values is $. The exception is volume which is MW/5min.

  • Energy volume is the average totalcleared of the dispatch interval ending and beginning.

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Report Types

Benchmarking reports are expected to evolve over time as reporting requirements change. For example as manual bids are replaced by Algo bids a new report may compare Algo actual gross margin against Algo “perfect hindsight” gross margin where perfect hindsight is calculated by rerunning the Algos using actual price outcomes to formulate optimal volumes from which gross margin is derived. Such a report would show

Actual (Manual) vs Algo ‘what if’

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