Zone Load Settlement Model

Units:-
Mode:Input Only
Multi-band:False
Default Value:0
Validation Rule:In (0,1,2)
Key Property:No
Description:Model used to determine energy prices reported in the zone.

Zone Load Settlement Model sets the methodology used to set prices paid by all loads:

Locational Marginal Pricing (Nodal Pricing) (value = 0)
Loads pay the locational marginal price at the node.
Zonal Reference Pricing (value = 1)
Loads pay the zonal reference price i.e. the locational marginal price at the zonal reference node.
Zonal Load Weighted Price (value = 2)
Loads pay the load-weighted price in their zone.