Must Take Market Price Contract Type
This type of contract represents an amount of energy to be delivered at the market price plus any input energy cost. The amount of must take energy can be shaped with the shaping vector reference in this table. The market price may be based on the price in the area where the portfolio is located, a Pricing Area, a Pricing Hub, two pricing hubs or a Pricing Fuel. If more than one of these is specified, the model will only use one option to determine the market price. This is the order of precedence:
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fuel pricing (Pricing Fuel)
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two hub pricing (Pricing Hub and Pricing Hub 2)
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the single hub pricing (Pricing Hub)
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the pricing area (Pricing Area)
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pricing in the area where the portfolio is located
For example, if a pricing hub and fuel pricing are both specified, the fuel pricing will be used to determine the market price.
NOTE: To specify an annual limit in MWh use the optional Energy Amount Max field of the Portfolio Contract table.
NOTE: To specify a monthly limit in hours use 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 Price Contract Type
