Generator Cleared Offer Price

Units: $/MWh
Mode: Output Only
Multi-band: False
Default Value:
Validation Rule:
Key Property: No
Description: Price of marginal offer band
Detail:

Generator Cleared Offer Price is the Price of marginal Offer band adjusted for the Marginal Loss Factor and is defined as:

Cleared Offer Price = Offer Priceb / Marginal Loss Factor

where:

b is the marginal offer band.

NOTE: The Marginal Loss Factor adjustment can be toggled on/off with the Region MLF Adjusts Offer Price setting.

See also: