Market Sell Block

Units:	~
Mode:	Input Only
Multi-band:	False
Default Value:	0
Validation Rule:	Any Value
Key Property:	No
Description:	Size of block for sales
Detail:

Market Sell Block defines the period over which the option is exercised. Use the default value of 0 to turn off the option, or a 1 to indicate the option is available. Quantities exercised are even over the period up to the Max Sales. Set the Sell Unit property to a value to exercise the option in discrete blocks.

Example

In the following example, sales must be made in 5 MW blocks up to a limit of 100 MW.

Property	Value	Units
Price	50	$/MWh
Max sales	100	MW
Sell Block	1	MW
Sell Unit	5	MW

The duration of the block sale can be changed from every interval to day, week, month or year using the appropriate period-type version of Sell Block.

Example

In the following example, the sale decision is made once per day, and if made the 5 MW blocks accepted must be sold in every hour of each day.

Property	Value	Units
Price	50	$/MWh
Max sales	100	MW
Sell Block Day	1	MW
Sell Unit	5	MW

To use a profiled option over the course of a day, week, month, or year; combine the derivative version of Buy Block, and configure Max Purchases to represent the pattern. In order to be exercised appropriately, the step size in ST Schedule must be set long enough to include the option period, and if the discreet option size is used, MIP must be selected as this becomes an integer problem. (Note selecting rounded relaxation or LP, will not always result in discreet block sizes)

Example

In the following example the sale quantity is profiled according to the Timeslice objects "HLH" and "LLH". This profiling is intra-day, though the block sale decision is made once-per-day.

Property	Value	Units	Timeslice
Price	50	$/MWh
Max sales	100	MW	HLH
Max sales	0	MW	LLH
Sell Block Day	1	MW
Sell Unit	5	MW