Transmission Right Settlement

Units:	$
Mode:	Output Only
Multi-band:	False
Default Value:
Validation Rule:
Key Property:	No
Description:	Settlement
Detail:

The Settlement formula depends on the type of Transmission Right being modelled.

For financial transmission rights (FTR) the settlement is:

Settlement = (Source Price - Sink Price) x Quantity

For settlement residue auction (SRA) the settlement is:

Settlement = (Rental Share x Line Rental), for flows in the reference direction Settlement = (Rental Back Share x Line Rental), for flows in the counter-reference direction