Reserve Cost
Units: | $ |
Mode: | Output Only |
Multi-band: | False |
Default Value: | |
Validation Rule: | |
Key Property: | No |
Description: | Reserve cost paid to reserve providers |
Detail: |
Reserve Cost is defined as:
Price x ProvisionIt represents the cost to the system of providing reserve at the marginal cost of reserve provision. This cost is allocated to generators and/or loads according to the cost allocation scheme selected.