Region Generation Cost
Units: | $ |
Mode: | Output Only |
Multi-band: | False |
Default Value: | |
Validation Rule: | |
Key Property: | No |
Description: | Total variable cost of generation |
Detail: |
Region Generation Cost is the total variable cost of generation and is defined as:
Generation Cost = ∑ ( i ∈ Generators ) ( GenerationParticipation Factori × Generation Costi ) + ∑ ( i ∈ Generation Contracts ) ( Generation Costi )This represents the cost of generation based on the cost of Fuel and other variable costs.
See also: