Generator Cleared Pump Bid Price

Units:$/MWh
Mode:Output Only
Multi-band:False
Default Value:
Validation Rule:
Key Property:No
Description:Price of marginal pump load bid band

Generator Cleared Pump Bid Price is the Price of the marginal Pump Bid band adjusted for the Marginal Loss Factor and is defined as:

Cleared Offer Price = Pump Bid Priceb × Marginal Loss Factor

where:

b is the marginal pump bid band.

NOTE: The Marginal Loss Factor adjustment can be toggled on/off with the Region MLF Adjusts Offer Price setting.

See also: