Purchaser Load Factor

Units: %
Mode: Output Only
Multi-band: False
Default Value:
Validation Rule:
Key Property: No
Description: Proportion of load bids cleared
Detail:

Purchaser Load Factor is the proportion of load bids cleared and is defined as:

Load Factor = 100 × ( ∑iBid Clearedi ) / ( ∑iBid Quantityi )

where:

i indexes the bid bands.

See also: