Gas Demand Bid Slope

Units: -
Mode: Input Only
Multi-band: False
Default Value: 0
Validation Rule: <0
Key Property: No
Description: Demand bid slope for modeling elasticity. Must be entered to auto-generate steps.
Detail:

Gas Demand Bid Slope is Demand bid slope for modeling elasticity. Must be entered to auto-generate steps along the demand step function. Along with Bid Quantity and Bid Price, the demand step function is generated using the point slope formula:

y-p = m(x-q)

where m is the Bid Slope and p and q are the Bid Price and Quantity.