The market might come across as overwhelming at first. We did use real world mechanics in Sim Energy Empire, which better capture the nature of trading we want in the game.
Understadning Understanding and using market will allow you to buy and sell basinc resoruces basic resources like coal and gas, but also to hedge yourself against price swings.
You can also apply more advanced specualtion speculation strategies described here:
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You might be familiar with trading shares, or in-general trading goods in other games. You essentailly essentially pay money and get shares/goods, or other way around.
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Choose the resource: Power/Gas/Coal/Uranium
Choose the maturity date: T, T+1, T+2 when the goods should be taken/delivered
You can see the order book now:
Bids on the left (players wanting to buy)
Sells on the right (players wanteding wanting to sell)
Decide whether you are buying or selling
You can click Buy/Sell button, or you can click on an order you want to trade against
In the last step, you can input quantity and price
If you do not specifiy specify price, creating a market order, you will trade against quantity available on the market for price on the market
If you specify price, creating a limit order, you will trade only againts against orders on the market below this price. The remaing remaining quantity that couldn’t be traded will stay offered on the market with the price you put it in.
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Side note: In the real world, when a trading house like a hedge fond invests in commodity, for example gold or crude oil. They only buy futures, which they always sell before the maturity date. They can use that money to buy more futures with later maturity date. This way, they can make profit on rising gold prices without having to deal with logistical issues of stroing strong gold or crude oil.
Failing to deliver against obligation
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And now .. the mine breaks down, you know it will not be producing. You will not have the coal you promissed promised you will deliver.
At this point, you should probably go to the marekt market and close your short position as described in the previous paragraph.
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So, when you trade power on the market, yoc you can create long or short positions by buying or selling. These positions will always be automatically closed for you at the spot price at the tick time.
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So you sold the 30MWh and got 30 times $290 rightawayright away. You got cash.
Let’s say the spot price ends up being $100, at the tick time, what happens is:
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The 2 cancelled each other out, you do not pay anything.
Overall, everyhing everything summed up, you sold 30MWh for $290, eventhou even though spot price was just $100.
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