Resource Market Price Contract Type
The energy for this contract type is based upon the output of a Displacement Resource, which must be specified.
The energy each hour will be [Resource Output]*[Energy Max]*[Monthly Shape], and the reported cost will be [Energy]*([Market Price] + [Energy Cost]*[Cost Shape]), plus any capacity charges.
The Market Price may be based on the zonal price in the area where the portfolio is located, a Pricing Area, a Pricing Hub, two pricing hubs, or a Pricing Fuel. See the Must Take Market Price contract for the order of precedence the model will use if more than one of these is specified.
NOTE: Users can specify an hourly limit in MWh in the optional Energy Amount Max field of the Portfolio Contract table.
Resource Market Price Contract Type
