Introduction

This guide introduces you to what forward curves are, how they are created and used in OpenDataDSL.

What is a Forward Curve?

A forward curve is a structure that represents future delivery prices of a certain instrument at various future delivery time periods.

There are 4 types of forward curve in OpenDataDSL:

• Curve

  This is a basic curve which contains all the metadata and forward contracts for a specific date

• EventCurve

  This is a dynamic curve built on-the-fly from data in events

• SmartCurve

  This is a custom curve built using an expression and optionally other data

• CurveSeries

  This is a curve represented as a timeseries, usually used for high frequency curves such as hourly power curves