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A collection of scripts to help estimate spot energy costs

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Spot price simulation tools

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This collection of scripts can help home owners estimate outcomes of switching from fixed rate energy prices to spot price. They are currently useful to nordic residents but additional contributers are welcome to add support for other regions.

1. How to set up the project

1.1 Install dependencies

It is recommended to use python3.12+ and we require poetry to manage dependencies.

poetry install --no-dev
poetry shell

If you want to contribute, you can also run poetry install to set up pre-commit hooks and dev dependencies.

1.2. Create your entso-e account and api key

  1. Go to https://transparency.entsoe.eu and click Login.
  2. Click Register at the bottom of the dialog and complete the registration process.
  3. Go to account settings.
  4. Create your entso-e API key by clicking the Generate a new Token button under Web Api Security Token.
  5. If you do not see the Generate a new Token button, you will need to contact support at transparency@entsoe.eu to request API access. Once the support request is resolved, try again to create an API token.
  6. Once created put it into your local .env or export it before running
 echo 'ENTSOE_API_KEY=myhoozawhatsit' >> .env

Execution

python simulate.py

After deciding your input flags, you can also use energy_model_test.json as example input for reference.

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A collection of scripts to help estimate spot energy costs

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