Pricing Fuel Column
Column Type = Text
This column is used to specify the fuel ID to be referenced for pricing contracts of type Market Price (except the rolling average type). The electricity price used is the escalated fuel price for the month times the Fuel Factor. Thus the Fuel Factor should contain the appropriate adjustment from $/mmBtu to $/MWh along with any other adjustment being made for pricing purposes. The Pricing Fuel can be used in either zonal or nodal studies.
NOTE: See the explanation in contract type Option Market Price for information on modeling a heat rate hedge.
Pricing Fuel Column