Dataset

Published: 21-10-2020| Version 1 | DOI: 10.17632/b4rwv95dzb.1
Contributor:
Bolarinwa Ajanaku

Description

*Complete series data from January 1, 2016 to December 31, 2019 *35,064 hourly time-series observations for electricity generation from wind, coal, nuclear, and gas in GWh and, real-time locational marginal price sourced directly from the PJM market website *Combine hourly measurements of variables into 1,461 weighted average daily observations in line with the frequency of daily observations of natural gas prices *Daily Henry Hub natural gas prices for each trading day from January 1, 2016 to December 31, 2019 obtained from the U.S. Energy Information Administration (EIA). For days in which no trading took place (i.e., weekends and holidays), the most recent previous trading day values are used NG_Price = Daily natural gas price Actual_load_GWh = Daily actual electricity demand in GWh rtm_price = daily weighted average of real-time wholesale electricity prices Gas_GWh = daily electricity supply from gas in GWh Gas_pct = daily percent of electricity from gas Wind_GWh = daily electricity from wind in GWh Wind_pct = daily percent of electricity from wind Baseload_GWh = daily electricity from baseload sources (coal and nuclear) Baseload_pct = daily percent of electricity from baseload sources Rd_g_mln = estimated daily revenue in million U.S. dollars from natural gas Rd_w_mln = estimated daily revenue in million U.S.dollars from wind Rd_bl_mln = estimated daily revenue in million U.S. dollars from baseload sources Gas_UR = estimated gas unit revenue Wind_UR = estimated wind unit revenue Baseload_UR = estimated baseload unit revenue Gas_VF = estimated gas value factor Wind_VF = estimated wind value factor Baseload_VF = estimated baseload value factor

Files