Financial Contract Settlement Price
Units: | $/MWh |
Mode: | Output Only |
Multi-band: | False |
Default Value: | |
Validation Rule: | |
Key Property: | No |
Description: | Price the contract is settled at |
Detail: |
Financial Contract Settlement Price is the actual price that the contract is settled on. How this is computed depends on the setting of Market Pool Type:
- Gross Pool
- The settlement price depends on the setting of Contracts Hand-off Point.
- Net Pool
- Settlement Price = Floor Pricei.e. in a net pool the contracts are out-of-market and so the settlement price and quantity are fixed.