Generator Cleared Pump Bid Cost

Units:	$
Mode:	Output Only
Multi-band:	False
Default Value:
Validation Rule:
Key Property:	No
Description:	Area cleared under generator pump bid curve

Generator Cleared Pump Bid Cost is the 'cost' of Pump Load as seen by the Market Operator and is defined as:

Cleared Pump Bid Cost = ∑ ( b ) ( -Pump Bid Price_b × Pump Bid Cleared_b )

This value is usually negative indicating that the system benefits from increased consumption.

See also:

• Generator Pump Bid Cleared
• Generator Cleared Pump Bid Price
• Generator Pump Cost