Node Price

Units:$/MWh
Mode:Input/Output
Multi-band:False
Default Value:0
Validation Rule:Any Value
Key Property:No
Description:Locational marginal price

How the price at a node (transmission bus) is calculated depends on the OPF Algorithm selected. In the standard OPF the nodal price is a direct output of the optimization and are equal to the shadow price (dual variable) on the net injection constraint at the node. In the large-scale OPF nodal price is not directly available and instead is computed from the system lambda and constraint shadow prices modified by the shift factors.