Zone Load Settlement Model

Units: -
Mode: Input Only
Multi-band: False
Default Value: 0
Validation Rule: In (0,1,2)
Key Property: No
Description: Model used to determine energy prices reported in the zone.
Detail:

Zone Load Settlement Model sets the methodology used to set prices paid by all loads:

Locational Marginal Pricing (Nodal Pricing) (value = 0)
Loads pay the locational marginal price at the node.
Zonal Reference Pricing (value = 1)
Loads pay the zonal reference price i.e. the locational marginal price at the zonal reference node.
Zonal Load Weighted Price (value = 2)
Loads pay the load-weighted price in their zone.