Reserve Cleared Offer Cost
Units: | $ |
Mode: | Output Only |
Multi-band: | False |
Default Value: | |
Validation Rule: | |
Key Property: | No |
Description: | Cost of cleared offer bands. |
Detail: |
Reserve Cleared Offer Cost is the cost of Provision as seen by the objective function of the Market Operator and is defined as:
\begin{equation} \text{Cleared Offer Cost} = \sum_{i \in \href{Reserve.Generators.html}{\text{Generators}}} \href{ReserveGenerators.ClearedOfferCost.html}{\text{Cleared Offer Cost}}_{i} + \sum_{i \in \href{Reserve.Purchasers.html}{\text{Purchasers}}} \href{ReservePurchasers.ClearedOfferCost.html}{\text{Cleared Offer Cost}}_{i} \end{equation}See also: