Battery Monopoly Rent

Units:	$
Mode:	Output Only
Multi-band:	False
Default Value:
Validation Rule:
Key Property:	No
Description:	Monopoly rent from competitive bidding
Detail:

Generator Monopoly Rent is the additional profit earned by the Battery due to the selected strategic bidding algorithm, and defined as:

Monopoly Rent = (Generation Revenue - Cost to Load) - (Shadow Generation Revenue - Shadow Cost to Load)

Generally this value would be positive, meaning that strategic bidding increased profits, but in some cases it can be negative e.g. if mark-ups are so high that volume is lost or if the battery is part of a Company whose overall Net Profit has increased.