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.