{"id":29187,"date":"2020-10-06T14:55:44","date_gmt":"2020-10-06T12:55:44","guid":{"rendered":"http:\/\/mbi-dev.t26.mbigroup.it\/?p=29187"},"modified":"2022-07-07T16:34:45","modified_gmt":"2022-07-07T14:34:45","slug":"powerschedo-what-is-the-pun-and-how-it-is-calculated-2","status":"publish","type":"post","link":"https:\/\/www.mbigroup.it\/en\/news-en\/powerschedo-news-en\/powerschedo-what-is-the-pun-and-how-it-is-calculated-2\/","title":{"rendered":"What is the PUN and how it is calculated"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.16&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text admin_label=&#8221;Testo&#8221; _builder_version=&#8221;4.16&#8243; min_height=&#8221;358px&#8221; custom_margin=&#8221;||-2px|||&#8221; custom_padding=&#8221;||7px|||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<div>\n<div>\n<div>\n<p>In Italy, the day-ahead electricity market follows the rule of marginal price, over six physical zones.<\/p>\n<p><a href=\"https:\/\/www.mbigroup.it\/wp-content\/uploads\/2020\/10\/what-is-the-PUN-1.png\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-29261  alignleft\" src=\"https:\/\/www.mbigroup.it\/wp-content\/uploads\/2020\/10\/what-is-the-PUN-1-1021x1024.png\" alt=\"\" width=\"235\" height=\"236\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>Network congestion can produce different prices in different zones, i.e. the market splitting. This means that energy can have different value in the Nation.<\/p>\n<p>&nbsp;<\/p>\n<p>By design, it was decided that consumer should pay the electricity at the same price wherever in Italy. This price is the PUN: Prezzo Unico Nazionale that means National Unique Price.<\/p>\n<\/div>\n<\/div>\n<div>\u00a0<\/div>\n<\/div>\n<div>\n<div>\u00a0<\/div>\n<\/div>\n<p>[\/et_pb_text][et_pb_text admin_label=&#8221;Testo&#8221; _builder_version=&#8221;4.16&#8243; min_height=&#8221;358px&#8221; custom_margin=&#8221;||-2px|||&#8221; custom_padding=&#8221;||7px|||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<div>\n<div>\n<p><a href=\"https:\/\/www.mbigroup.it\/wp-content\/uploads\/2020\/10\/what-is-the-PUN-DAY-AHEAD.png\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-29204  alignleft\" src=\"https:\/\/www.mbigroup.it\/wp-content\/uploads\/2020\/10\/what-is-the-PUN-DAY-AHEAD.png\" alt=\"\" width=\"251\" height=\"173\" srcset=\"https:\/\/www.mbigroup.it\/wp-content\/uploads\/2020\/10\/what-is-the-PUN-DAY-AHEAD.png 353w, https:\/\/www.mbigroup.it\/wp-content\/uploads\/2020\/10\/what-is-the-PUN-DAY-AHEAD-300x207.png 300w\" sizes=\"(max-width: 251px) 100vw, 251px\" \/><\/a><\/p>\n<div>\u00a0<\/div>\n<div>Whilst the consumer buy the electricity at PUN price, hydro-pumping stations buy energy at zonal price Pz.<\/div>\n<\/div>\n<\/div>\n<div>\u00a0<\/div>\n<div>\u00a0<\/div>\n<div>\u00a0<\/div>\n<div>\n<div>\n<div>\u00a0<\/div>\n<div>\u00a0<\/div>\n<div>Three kinds of offer can be submitted on day-ahead: PUN, BID and OFF.<\/div>\n<\/div>\n<\/div>\n<div>\n<div>\u00a0<\/div>\n<\/div>\n<div>\n<div>\u00a0<\/div>\n<\/div>\n<p>[\/et_pb_text][et_pb_text admin_label=&#8221;Testo&#8221; _builder_version=&#8221;4.16&#8243; min_height=&#8221;358px&#8221; custom_margin=&#8221;||-2px|||&#8221; custom_padding=&#8221;||7px|||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<div>\n<div>\n<p><a href=\"https:\/\/www.mbigroup.it\/wp-content\/uploads\/2020\/10\/euphemia.png\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-29268  alignleft\" src=\"https:\/\/www.mbigroup.it\/wp-content\/uploads\/2020\/10\/euphemia.png\" alt=\"\" width=\"155\" height=\"105\" \/><\/a>The Euphemia algorithm is devoted to calculating the value of energy, according to the marginal price principle.<\/p>\n<p>Among the others, the following equations must be satisfied.<\/p>\n<\/div>\n<\/div>\n<div>\n<div>\n<p><a href=\"https:\/\/www.mbigroup.it\/wp-content\/uploads\/2020\/10\/Euphemia-Financial-Balance.png\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-29219 aligncenter \" src=\"https:\/\/www.mbigroup.it\/wp-content\/uploads\/2020\/10\/Euphemia-Financial-Balance.png\" alt=\"\" width=\"344\" height=\"259\" \/><\/a><strong>PUN Formula<\/strong>:<\/p>\n<\/div>\n<\/div>\n<div>\n<div><a href=\"https:\/\/www.mbigroup.it\/wp-content\/uploads\/2020\/10\/PUN-formula-1.png\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-29223 aligncenter \" src=\"https:\/\/www.mbigroup.it\/wp-content\/uploads\/2020\/10\/PUN-formula-1.png\" alt=\"\" width=\"356\" height=\"115\" \/><\/a><strong>Paradoxical Offers<\/strong><\/div>\n<div>Euphemia takes care of possible paradoxical offers.<\/div>\n<\/div>\n<div>\u00a0<\/div>\n<div><strong>Marginal offers<\/strong><\/div>\n<div>\u00a0<\/div>\n<div>Example, 9th Sept. 2020, hour 1<\/div>\n<div><a href=\"https:\/\/www.mbigroup.it\/wp-content\/uploads\/2020\/10\/marginal-offers.png\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-29273 aligncenter size-large\" src=\"https:\/\/www.mbigroup.it\/wp-content\/uploads\/2020\/10\/marginal-offers-1024x124.png\" alt=\"\" width=\"1024\" height=\"124\" srcset=\"https:\/\/www.mbigroup.it\/wp-content\/uploads\/2020\/10\/marginal-offers-1024x124.png 1024w, https:\/\/www.mbigroup.it\/wp-content\/uploads\/2020\/10\/marginal-offers-980x119.png 980w, https:\/\/www.mbigroup.it\/wp-content\/uploads\/2020\/10\/marginal-offers-480x58.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><\/a><\/div>\n<div>\u00a0<\/div>\n<div>\u00a0<\/div>\n<div>\u00a0<\/div>\n<div>PUN value is \u20ac44.76291<\/div>\n<div>SOCI splits from the continent with a zonal price of 82.35. On the other zones, the zonal price is of \u20ac42.11 and the marginal offer lays on SUD zone.<\/div>\n<div>\u00a0<\/div>\n<div>\u00a0<\/div>\n<div><strong>SICI curves<\/strong><\/div>\n<div><a href=\"https:\/\/www.mbigroup.it\/wp-content\/uploads\/2020\/10\/Sici-curves.png\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-29229 aligncenter size-full\" src=\"https:\/\/www.mbigroup.it\/wp-content\/uploads\/2020\/10\/Sici-curves.png\" alt=\"\" width=\"900\" height=\"513\" srcset=\"https:\/\/www.mbigroup.it\/wp-content\/uploads\/2020\/10\/Sici-curves.png 900w, https:\/\/www.mbigroup.it\/wp-content\/uploads\/2020\/10\/Sici-curves-480x274.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 900px, 100vw\" \/><\/a><\/div>\n<div>\n<div>\u00a0<\/div>\n<div>\u00a0<\/div>\n<div>\u00a0<\/div>\n<div>\u00a0<\/div>\n<div>\u00a0<\/div>\n<div><strong>SUD curves<\/strong><\/div>\n<\/div>\n<div><a href=\"https:\/\/www.mbigroup.it\/wp-content\/uploads\/2020\/10\/Sud-curves.png\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-29227 aligncenter size-full\" src=\"https:\/\/www.mbigroup.it\/wp-content\/uploads\/2020\/10\/Sud-curves.png\" alt=\"\" width=\"893\" height=\"507\" srcset=\"https:\/\/www.mbigroup.it\/wp-content\/uploads\/2020\/10\/Sud-curves.png 893w, https:\/\/www.mbigroup.it\/wp-content\/uploads\/2020\/10\/Sud-curves-480x273.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 893px, 100vw\" \/><\/a><\/div>\n<div>\u00a0<\/div>\n<div>\u00a0<\/div>\n<div>\u00a0<\/div>\n<div>Market data comes from GME www.mercatoelettrico.org<\/div>\n<div>\u00a0<\/div>\n<div>Calculations and simulations made with <em>Power<strong>SchedO : www.powerschedo.it<\/strong><\/em><\/div>\n<div>\u00a0<\/div>\n<div>\u00a0<\/div>\n<div>\u00a0<\/div>\n<div>\u00a0<\/div>\n<div>\u00a0<\/div>\n<p>[\/et_pb_text][et_pb_button button_url=&#8221;https:\/\/www.mbigroup.it\/downloads\/What%20is%20the%20PUN%20and%20how%20it%20is%20calculated.pdf&#8221; button_text=&#8221;Download the PDF&#8221; button_alignment=&#8221;center&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;20px||20px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_button][et_pb_text _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; link_option_url=&#8221;mailto:team@powerschedo.it&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p style=\"text-align: center;\">For more informations email at : <a href=\"mailto:team@powerschedo.it\">team@powerschedo.it<\/a><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In Italy, the day-ahead electricity market follows the rule of marginal price, over six physical zones. &nbsp; Network congestion can produce different prices in different zones, i.e. the market splitting. This means that energy can have different value in the Nation. &nbsp; By design, it was decided that consumer should pay the electricity at the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[26],"tags":[],"class_list":["post-29187","post","type-post","status-publish","format-standard","hentry","category-powerschedo-news-en"],"_links":{"self":[{"href":"https:\/\/www.mbigroup.it\/en\/wp-json\/wp\/v2\/posts\/29187","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mbigroup.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mbigroup.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mbigroup.it\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mbigroup.it\/en\/wp-json\/wp\/v2\/comments?post=29187"}],"version-history":[{"count":0,"href":"https:\/\/www.mbigroup.it\/en\/wp-json\/wp\/v2\/posts\/29187\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.mbigroup.it\/en\/wp-json\/wp\/v2\/media?parent=29187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mbigroup.it\/en\/wp-json\/wp\/v2\/categories?post=29187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mbigroup.it\/en\/wp-json\/wp\/v2\/tags?post=29187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}