| Units: | $/kg (Metric), $/lb (U.S. Imperial) |
| Mode: | Input/Output |
| Multi-band: | False |
| Default Value: | 0 |
| Validation Rule: | Any Value |
| Key Property: | No |
| Description: | Shadow price (marginal cost) of emissions |
Emission Shadow Price as an input is the incremental cost of the Emission that appears in the simulation objective function as a pseudo-cost.
As an output it is the dual variable value associated with the emission production definition constraint. As such it represents the marginal cost to the system of the last/next unit of Emission Production. This price will reflect both input Shadow Price and/or the price of any binding Emission constraints e.g. defined using Max Production.
See also: