Reserve Shortage

Units:	MW
Mode:	Output Only
Multi-band:	False
Default Value:
Validation Rule:
Key Property:	No
Description:	Reserve shortfall
Detail:

Reserve Shortage is amount by which the provision of reserve is below the requirement, and is defined as:

Shortage = Risk - Provision

Shortage is penalised at a rate equal to the value of reserve shortage (VoRs). This penalty price will set the price for reserve when shortage occurs.