Reserve Generators Cleared Offer Cost

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

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

Cleared Offer Cost = ∑ ( b ) ( Offer Price_b × Provision_b )

See also:

• Reserve Generators Cleared Offer Price