Region Cleared Offer Cost

Units:	$
Mode:	Output Only
Multi-band:	False
Default Value:
Validation Rule:
Key Property:	No
Description:	Area cleared under generator offer curve

Region Cleared Offer Cost is the cost of Generation as seen by the Market Operator and is defined as:

Cleared Offer Cost = ∑ ( Generators ) ( Generation Participation Factor × Cleared Offer Cost )

See also:

• Region Generation Cost