Reserve Cleared Offer Cost

Units:	$
Mode:	Output Only
Multi-band:	False
Default Value:
Validation Rule:
Key Property:	No
Description:	Cost of cleared offer bands.

Reserve Cleared Offer Cost is the cost of Provision as seen by the objective function of the Market Operator and is defined as:

\begin{equation} \text{Cleared Offer Cost} = \sum_{i \in \href{Reserve.Generators.html}{\text{Generators}}} \href{ReserveGenerators.ClearedOfferCost.html}{\text{Cleared Offer Cost}}_{i} + \sum_{i \in \href{Reserve.Purchasers.html}{\text{Purchasers}}} \href{ReservePurchasers.ClearedOfferCost.html}{\text{Cleared Offer Cost}}_{i} \end{equation}

See also:

• Reserve Cleared Offer Price