Gas Demand Cleared Bid Price

Units:$/GJ (Metric), $/MMBtu (U.S. Imperial)
Mode:Output Only
Multi-band:False
Default Value:
Validation Rule:
Key Property:No
Description:Price of marginal bid band

Gas Demand Cleared Bid Price is Price of marginal bid band. Gas Demand Cleared Bid Price is the Price of marginal Quantity band, and is defined as:

Cleared Bid Price = Gas Demand Bid Priceb

where:

b is the marginal bid band.

See also: