Physical Contract Bid Quantity

Units:	MW
Mode:	Input Only
Multi-band:	True
Default Value:	0
Validation Rule:	≥0
Key Property:	No
Description:	MW bid in band
Detail:

Physical Contract Bid Quantity defines the quantity part of the load bid at the Load Node.

Example:

Physical Contract	Property	Value	Units	Band
LOAD1	Bid Quantity	70	MW	1
LOAD1	Bid Quantity	5	MW	2
LOAD1	Bid Price	10000	$/MWh	1
LOAD1	Bid Price	500	$/MWh	2

Bid Price defines the price part of the load bid. Higher values will clear first i.e. in this example the 70 MW load will clear unless the energy price exceeds $10000/MWh, the additional 5 MW load however will only dispatch if the energy price is less than or equal to $500/MWh, above that price that load will not be met.

You can place lower and upper bounds on the load dispatched using the Min Load and Max Load properties.