Generator Cleared Pump Bid Price
Units: | $/MWh |
Mode: | Output Only |
Multi-band: | False |
Default Value: | |
Validation Rule: | |
Key Property: | No |
Description: | Price of marginal pump load bid band |
Detail: |
Generator Cleared Pump Bid Price is the Price of the marginal Pump Bid band adjusted for the Marginal Loss Factor and is defined as:
Cleared Offer Price = Pump Bid Priceb × Marginal Loss Factorwhere:
b is the marginal pump bid band.NOTE: The Marginal Loss Factor adjustment can be toggled on/off with the Region MLF Adjusts Offer Price setting.
See also: