Battery Cleared Bid Price

Units: $/MWh
Mode: Output Only
Multi-band: False
Default Value:
Validation Rule:
Key Property: No
Description: Price of marginal load bid band
Detail:

Battery Cleared Bid Price is the Price of the marginal Bid band adjusted for the Marginal Loss Factor and is defined as:

Cleared Offer Price = Bid Priceb × Marginal Loss Factor

where:

b is the marginal bid band.

NOTE: The Marginal Loss Factor adjustment can be toggled on/off with the Region MLF Adjusts Offer Price setting.

See also: