Generator Marginal Loss Factor
| Units: | - |
| Mode: | Input/Output |
| Multi-band: | False |
| Default Value: | 1 |
| Validation Rule: | ≥0 |
| Key Property: | No |
| Description: | Transmission marginal loss factor (MLF or TLF) |
| Detail: |
Generator Marginal Loss Factor(MLF) is a proxy for transmission losses from the station gate to the Regional Reference Node and is used in regional and uniform pricing models (see Generator Settlement Modeli.e. where no specific modelling is done of intra-regional losses. The Marginal Loss Factor divides the Offer Price and Offer No Load Cost and multiplies the Price Received to account for those losses.
Offer Price at RRN = Offer Price / Marginal Loss Factor Price Received = Price at RRN × Marginal Loss FactorThe pricing effect of Marginal Loss Factor is accounted for in the reported Cleared Offer Price and Cleared Offer Cost.