Generator Fuel Price

Units:$/GJ (Metric), $/MMBtu (U.S. Imperial)
Mode:Input/Output
Multi-band:False
Default Value:0
Validation Rule:Any Value
Key Property:No
Description:Fuel price (when not using Fuels collection)
Input

Generator Fuel Price when used as an input is the fuel price for the generator.

Example

Generator Property Value Units
BOB Fuel Price 3 $/GJ
BOB Heat Rate 10 GJ/MWh

Here the generator has a fixed heat rate of 10 and fuel price of 3, hence its marginal (and average) cost per megawatt hour is 10 x 3 = $30/MWh.

More commonly though generators are associated with one or more Fuel objects and Price is taken from the Fuels collection.

The fuel price passed on to a generator is defined as:

Fuel Price = Fuel Total Price / Heat Value + Transport Charge
Output

As an output Fuel Price is the volume-weighted price paid for the fuel and defined as:

Fuel Price = Fuel Cost / Fuel Offtake

See also: