Excess Energy Contract Type
This contract type will be executed for hours when the specified Displacement Resource has output greater than zero and the energy price is less than the market price.
The energy price is calculated as:
½ * ( [Hub Price]*[Hub Factor] + [Fuel Price]*[Fuel Factor] ), where the hub and fuel prices are based upon the Pricing Hub and Pricing Fuel specified, respectively.
When executed, the contract energy amount will be [Energy Max]*[Shape] and the associated cost will be based upon the calculated energy price. A monthly Capacity Cost may also be specified.
NOTE: Users can specify a monthly limit in hours in the optional Monthly Max field of the Portfolio Contract table. The value is multiplied by Energy Max to yield a MWh monthly limit.
Excess Energy Contract Type
