Battery Monopoly Rent

Units:$
Mode:Output Only
Multi-band:False
Default Value:
Validation Rule:
Key Property:No
Description:Monopoly rent from competitive bidding

Generator Monopoly Rent is the additional profit earned by the Battery due to the selected strategic bidding algorithm, and defined as:

Monopoly Rent = (Generation Revenue - Cost to Load) - (Shadow Generation Revenue - Shadow Cost to Load)

Generally this value would be positive, meaning that strategic bidding increased profits, but in some cases it can be negative e.g. if mark-ups are so high that volume is lost or if the battery is part of a Company whose overall Net Profit has increased.