Must Take Market Daily Price Contract Type
This contract type is used to buy or sell power at a price determined by the pre-forecasted daily market price. This daily price is derived from the internal forecast used in the commitment logic and is updated on hour 10 of each day.
The contract energy is determined by [Energy Max]*[Monthly Shape]*[Shape].
The contract cost is equal to [Energy]*([Market Daily Price] + [Energy Cost]*[Cost Shape]), plus any capacity charges.
NOTE: An annual limit in MWh can be specified in the optional Energy Amount Max field of the Portfolio Contract table. Alternately, a monthly limit in hours can be specified in the optional Monthly Max field of the Portfolio Contract table. The value is multiplied by Energy Max to yield a MWh monthly limit.
Must Take Market Daily Price Contract Type
