Competition Bertrand OOMOD Enabled

Units:Yes/No
Default Value:True (-1)
Validation Rule:False (0) or True (-1)
Description:If the Bertrand algorithm should seek to maximize profits by out-of-merit-order dispatch.

Competition Bertrand OOMOD Enabled toggles on/off a feature of the Bertrand algorithm that seeks to maximize profits by out-of-merit-order dispatch. This feature is described in the Bertrand (Shadow Pricing) article.

See also: