Financial Contract Quantity

Units: MW
Mode: Input/Output
Multi-band: False
Default Value: 0
Validation Rule: Any Value
Key Property: No
Description: Contract quantity
Detail:

Financial Contract Quantity sets the volume of the contract.

Example:

Financial Contract Property Value Units Timeslice
RETAIL #1 Quantity 700 MW PEAK
RETAIL #1 Quantity 550 MW OFF-PEAK
RETAIL #1 Floor Price $55 $/MWh
RETAIL #1 Cap Price $55 $/MWh

In a Gross Pool this example defines a contract-for-differences (CfD), or two-way contract, with a strike price of $55/MWh. The contract guarantees the generator receives at least this price for generation, and at the same time it guarantees that the load will pay no more than this price for the quantities shown.