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.