Financial Contract Cap Price

Units:	$/MWh
Mode:	Input/Output
Multi-band:	False
Default Value:	1E+30
Validation Rule:	Any Value
Key Property:	No
Description:	Contract cap price
Detail:

Financial Contract Cap Price in a Gross Pool sets the price above which payments are made to the purchaser.

Example:

Financial Contract	Property	Value	Units	Timeslice
RETAIL #1	Quantity	200	MW	PEAK
RETAIL #1	Cap Price	160	$/MWh

In this example the contract is 'active' when the market price exceeds $160/MWh. When this happens the generator pays the purchaser the difference between the pool price and the contract price multiplied by the quantity.

See the Quantity topic for other examples.