# FIEMS: Fast Italian Energy Market Simulator

## TL;DR

This paper introduces FIEMS, a fast simulator for Italy's energy market prices, with a MATLAB implementation that produces accurate results quickly, aiding efficient market analysis.

## Contribution

It presents a novel fast simulation algorithm for Italian energy markets and provides a MATLAB implementation demonstrating its efficiency and accuracy.

## Key findings

- The MATLAB version produces reliable price estimates rapidly.
- The algorithm effectively models day-ahead and intraday market prices.
- Numerical results validate the simulator's performance.

## Abstract

The article describes the algorithm used to define the electricity price in day-ahead and itraday energy markets in Italy. Details of Matlab implementation of one of its simplified versions, capable of producing good results in a extremely short time, are then provided and numerical results are discussed.