BBEMA - Dashboard for Baltic Balancing Energy Market Analysis.

In order to increase the efficiency of the power system balancing process, the Baltic countries launched a common balancing market in 2018. While the new market does have a data dashboard, its visual functionalities and interactivity are limited, which hinders its use for deeper analysis. In this study, a dedicated dashboard for visual analysis has been developed utilizing data from the first three years of the market's operation. The tool can be useful to various market stakeholders such as operators, participants, policy makers and researchers. The paper provides examples on the insights that can be gained from the dashboard.