FAQ

Abbreviations

The API uses the following abbreviations. Sometimes descriptions are cut off mid-word; different abbreviations may refer to the same word.

Abbreviation

Meaning

Abs / Absol

Absolute

Aifs

Artificial Intelligence/Integrated Forecasting System

AP

Arbitrage Potential

ARA

Amsterdam Rotterdam Antwerpen

Auth

Authenticate

C

Cape

C2G

Coal to gas

CCGT

Combined cycle gas turbine

CE

Central Europe

CFD

Contract for difference

CHP

Combined heat and power

coalgasger39

Coal (39% eff.) to gas (50% eff.) switching price

Col

Colombia

Comp.

Company

(con+imb)

Consumption + imbalance

Constemp

Consumption weighted temperature

Conti

Sum of DE, FR, AT and CH

C+1

Next year

D / Dev / Devia

Deviation

DA

Day ahead

Det

Deterministic

DK1a

Denmark 1 virtual node

EC / ECMWF

European Center for Medium Range Forecast

Eff.

Effective

El.

Electricity

Ens

Ensembles

EPS

Ensemble Prediction System

Excl.

Exclusive

FE

Far East

Fi

Field

Flex.

Flexibility

FLH

Full Load Hours

GFS

Global Forecasting System

GT

Gas Turbine

HBV

Hydrologiska Byråns Vattenbalanseavdelning

HFO

Heavy Fuel Oil

HighRes

High Resolution

HP

Hydropower

Jp/S.K

Japan/South Korea

KA

Kalingrad

kcal

Kilocalories

L2G

Lignite to Gas

LRMC

Long Run Marginal Cost

M+1

Next Month

m-o-m

Month on month

NC

Nordic Countries

NO1a

Norway 1 virtual node

Norm

Normal

Nuc

Nuclear

Off

Offshore

On

Onshore

Pi

Price-independent

PM

Panamax

Poland-a

Poland virtual node

Powerweather

Precipitation energy

Q+1

Next Quarter

RB

Richards Bay

Ro

Roof

RoR

Run of River

scen

Scenario

SE3LS

Sweden 3 virtual node

Sp / Spai

Spain

SRMC

Short Run Marginal Costs

Svk

Svenska Kraftnät

update fre

Update Frequency

WACC

Weighed Average Cost of Capital

Wek

Week

Yr

Year

Timezones, Times, and Periods

  • Zulu time zone (Z): Coordinated Universal Time (UTC). Denoted with a Z in the date string.

  • API time: Any API call is returned in Central European Time CET (UTC+1) or Central European Summer Time CEST (UTC+2). This also applies to countries in other time zones like UK and FI.

  • AnalyzedTime/IssuedTime: The time when a model or index is run.

  • UpdateTime: The time when a model result or index was available in the API.

  • ValidTime: Refers to the period the data applies to, e.g., a specific hour, day, week, or month.

  • SettlementDate: The date when a contract was settled (e.g., a Nasdaq contract will usually have five settlement dates per week, Monday–Friday).

  • Period and contract referrals: W0, W1, W2 mean the current week, the next week, and the week after next. The same applies for Days, Months, Quarters, and Years/Calendars (C).

  • Country codes: Two-digit ISO 3166 international standard is used.

Weather forecasts used in model runs

The API does not have a feature that tells you which forecasts are used as a basis in the different model runs. This information is provided in an accompanying comment either in the report or on www.nena.no.

  • Next day price forecasts are, almost without exception, based on EC00 Operational.

  • Short-term forecasts (FlowBased current week + three weeks) are, almost without exception, based on a combination of EC00 Op for the first days and EC00 Ens for the following days when CEST is in effect; the combination EC00 and EC12 Ens is often used when CET is in effect.

  • Curve contract forecasts sent out before CET 8 AM are, almost without exception, based on a combination of EC12 Op for days 1–7 and EC12 Ens for days 8–15.

  • Hydrology daily first run is, almost without exception, based on a combination of EC12 Op for days 1–7 and EC12 Ens for days 8–15. It is updated when EC00 Op and Ens is complete.