Gas Demand Cleared Bid Price

Units: $/GJ (Metric), $/MMBtu (U.S. Imperial)
Mode: Output Only
Multi-band: False
Default Value:
Validation Rule:
Key Property: No
Description: Price of marginal bid band
Detail:

Gas Demand Cleared Bid Price is Price of marginal bid band. Gas Demand Cleared Bid Price is the Price of marginal Quantity band, and is defined as:

Cleared Bid Price = Gas Demand Bid Priceb

where:

b is the marginal bid band.

See also: