Generator Offer Price Scalar
| Units: | - |
| Mode: | Input Only |
| Multi-band: | True |
| Default Value: | 1 |
| Validation Rule: | Any Value |
| Key Property: | No |
| Description: | Scalar applied to the [Offer Price] property |
| Detail: |
Generator Offer Price Scalar is a scaling factor that can be applied to the Offer Price property.
Example
| Property | Value | Units | Band | Date From | Date To | Timeslice | Data File |
|---|---|---|---|---|---|---|---|
| Offer Base | 0 | MW | 1 | Day-ahead Generation | |||
| Offer Quantity | 0 | MW | 1 | Day-ahead Generation | |||
| Offer Quantity | 55.6 | MW | 2 | ||||
| Offer Price | 0 | $/MWh | 1 | Day-ahead SRMC | |||
| Offer Price | 0 | $/MWh | 2 | Day-ahead SRMC | |||
| Offer Quantity Scalar | -1 | - | 1 | ||||
| Offer Price Scalar | 0.9 | - | 1 | ||||
| Offer Price Scalar | 1.1 | - | 2 |
In the above example the generator forms a two-band balancing offer with a base determined by a day-ahead solution read from a Data File. To convert day-ahead Generation which is a non-negative number into a decrement offer band, which is a negative number, the Offer Quantity Scalar is set to negative one for band one. Offer Price Scalar is then used to create two price bands, one just below and one just above the day-ahead short-run marginal cost of the generator.
See also: