Maximising Profit

XPKMJRVX27

New Member
Joined
Nov 7, 2019
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1
The price of electricty fluxuates hourly over the course of a year.
My goal is to buy electricy for storage from the grid for the asking price at the time and sell it back to the grid at a later time (for a greater price) in order to make a profit. The criteria however is that when selling it back to the grid I can only sell it back at 80% of the asking price at the time of sale. An example would be if i bought electricty for £100 at 1pm and by 4pm it was worth £1000 I could sell it back to the grid for £800 making a £700 profit. I need an excel formula which will allow me to know exactly when to buy and sell to allow for maximum profit? ( I already have the hourly cost of electricty over the course of the year in question)
 

Logit

Well-known Member
Joined
Aug 31, 2016
Messages
2,920
I need an excel formula which will allow me to know exactly when to buy and sell to allow for maximum profit? ( I already have the hourly cost of electricity over the course of the year in question)
You have the hourly cost of electricity for a past year. How does that apply to a forthcoming year ?

If I know the price of gas on November 15, 2018 doesn't mean the cost will be the same this November.


What am I missing ???


(ps: as an aside question, do you have your own electrical generator plant that produces large quantities of electricity ?)
 

Michael M

Well-known Member
Joined
Oct 27, 2005
Messages
18,179
Office Version
2013
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Windows
@Logit
When you come up with the required solution for the OP, can you also do one for me that tells me when to buy and sell shares on the stock exchange for maximum benefit...:LOL:
 

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