Market Index

Market Attributes

Name	Units	Default Value	Validation Rule	Description
Unit Commitment	Yes/No	0	In (0,-1)	If Market [Buy/Sell Unit] properties act like unit commitment or apply independently every period.

Market Input Properties

Name	Units	Multi-band	Default Value	Validation Rule	Key Property	Description
Ask Spread	$/~	False	0		False	Spread on purchases from the market
Base Quantity	~	False	0		False	Expected clearing point on market demand function
Bid Spread	$	False	0		False	Spread on sales to the market
Bid-Ask Spread	$/~	False	0		False	Market bid-ask spread
Buy Block	~	False	0		False	Size of block for purchases
Buy Block Day	~	False	0		False	Size of block for purchases across each day
Buy Block Fixed Charge	$000	False	0		False	Fixed cost of block purchases
Buy Block Hour	~	False	0		False	Size of block for purchases across each hour
Buy Block Month	~	False	0		False	Size of block for purchases across each month
Buy Block Week	~	False	0		False	Size of block for purchases across each week
Buy Block Year	~	False	0		False	Size of block for purchases across each year
Buy Unit	~	False	0		False	Size of block for purchases (time independent)
Demand	~	True	0		False	Fixed demand (exact amount of sales to the Market)
Demand Curve	Yes/No	False	-1	In (0,-1)	False	Flag if the input multi-band Price/Quantity pairs are points on a demand curve; or incremental demand blocks.
Demand Settlement Model	-	False	2	In (0,1,2)	False	Model used to determine price paid by purchasers.
Firm Capacity	MW	False	0		False	Contribution of the market purchases to generation capacity for capacity reserves.
Is Forward	Yes/No	False	0	In (0,-1)	False	Flag if the market is a 'forward' market versus a 'real-time' market.
Is Marginal	Yes/No	False	-1	In (0,-1)	False	Flag if the market sets price on a marginal price basis; rather than block-by-block settlement.
Load Obligation	MW	False	0		False	Contribution of the market sales to the load obligation for capacity reserves.
Max Purchases	~	False	1E+30		False	Maximum purchase from the market
Max Purchases Day	~	False	1E+30		False	Maximum purchase from the market each day
Max Purchases Hour	~	False	1E+30		False	Maximum purchase from the market each hour
Max Purchases Month	~	False	1E+30		False	Maximum purchase from the market each month
Max Purchases Week	~	False	1E+30		False	Maximum purchase from the market each week
Max Purchases Year	~	False	1E+30		False	Maximum purchase from the market each year
Max Sales	~	False	1E+30		False	Maximum sales to the market
Max Sales Day	~	False	1E+30		False	Maximum sales to the market each day
Max Sales Hour	~	False	1E+30		False	Maximum sales to the market each hour
Max Sales Month	~	False	1E+30		False	Maximum sales to the market each month
Max Sales Week	~	False	1E+30		False	Maximum sales to the market each week
Max Sales Year	~	False	1E+30		False	Maximum sales to the market each year
Min Purchases	~	False	0		False	Minimum purchase from the market
Min Purchases Day	~	False	0		False	Minimum purchase from the market each day
Min Purchases Hour	~	False	0		False	Minimum purchase from the market each hour
Min Purchases Month	~	False	0		False	Minimum purchase from the market each month
Min Purchases Week	~	False	0		False	Minimum purchase from the market each week
Min Purchases Year	~	False	0		False	Minimum purchase from the market each year
Min Sales	~	False	0		False	Minimum sales to the market
Min Sales Day	~	False	0		False	Minimum sales to the market each day
Min Sales Hour	~	False	0		False	Minimum sales to the market each hour
Min Sales Month	~	False	0		False	Minimum sales to the market each month
Min Sales Week	~	False	0		False	Minimum sales to the market each week
Min Sales Year	~	False	0		False	Minimum sales to the market each year
Price	$/~	True	0		False	Price point on market demand function
Price Cap	$/~	False	1E+30		False	Cap on Market Price when using fixed Demand/Supply
Price Floor	$/~	False	-1E+30		False	Floor on Market Price when using fixed Demand/Supply
Price Incr	$/~	False	0		False	Increment to market price
Price Scalar	-	False	1		False	Scalar on market price
Price Setting	Yes/No	False	-1	In (0,-1)	False	Flag if the Market can set price
Quantity	~	True	0		False	Quantity point in market demand function
Sell Block	~	False	0		False	Size of block for sales
Sell Block Day	~	False	0		False	Size of block for sales across each day
Sell Block Fixed Charge	$000	False	0		False	Fixed cost of block sales
Sell Block Hour	~	False	0		False	Size of block for sales across each hour
Sell Block Month	~	False	0		False	Size of block for sales across each month
Sell Block Week	~	False	0		False	Size of block for sales across each week
Sell Block Year	~	False	0		False	Size of block for sales across each year
Sell Unit	~	False	0		False	Size of block for sales (time independent)
Shortage Price	$/~	True	1E+30		False	Penalty price for supply shortage
Supply	~	True	0		False	Fixed supply (exact amount of supply from the Market)
Supply Settlement Model	-	False	1	In (0,1,2)	False	Model used to determine price paid to suppliers
Surplus Price	$/~	True	1E+30		False	Penalty price for excess supply
Units	-	False	1	In (0,1)	True	Flag if the Market is in service
x	-	True	0		False	Value to pass-through to solution
y	-	True	0		False	Value to pass-through to solution
z	-	True	0		False	Value to pass-through to solution

Market Entities Input Properties

Name	Units	Multi-band	Default Value	Validation Rule	Key Property	Description
Share	%	False	100	Between 0 And 100	False	Entities share of the market trades

Market Constraints Input Properties

Name	Units	Multi-band	Default Value	Validation Rule	Key Property	Description
Cost Coefficient	$	False	0		False	Coefficient of market purchase costs
Purchases Coefficient	-	False	0		False	Coefficient of market purchases
Revenue Coefficient	$	False	0		False	Coefficient of market sales revenues
Sales Coefficient	-	False	0		False	Coefficient of market sales

Market Objectives Input Properties

Name	Units	Multi-band	Default Value	Validation Rule	Key Property	Description
Cost Coefficient	$	False	0		False	Coefficient of market purchase costs
Purchases Coefficient	-	False	0		False	Coefficient of market purchases
Revenue Coefficient	$	False	0		False	Coefficient of market sales revenues
Sales Coefficient	-	False	0		False	Coefficient of market sales

Market Output Properties

Name	Summary Name	Property Group	Phases	Multi-band	Description
Cost - $	Cost - $000	Production	LT Plan, MT Schedule, ST Schedule	False	Cost of purchases from the market
Firm Capacity - MW	Firm Capacity - MW	Capacity	LT Plan, PASA, MT Schedule, ST Schedule	False	Contribution of the market purchases to generation capacity for capacity reserves.
Load Obligation - MW	Load Obligation - MW	Capacity	LT Plan, PASA, MT Schedule, ST Schedule	False	Contribution of the market sales to the load obligation for capacity reserves.
Natural Cost - $	Natural Cost - $000	Production	LT Plan, MT Schedule, ST Schedule	False	Cost of purchases from the market ignoring bid-ask spread
Natural Revenue - $	Natural Revenue - $000	Production	LT Plan, MT Schedule, ST Schedule	False	Value of sales to the market ignoring bid-ask spread
Net Cost - $	Net Cost - $000	Production	LT Plan, MT Schedule, ST Schedule	False	Net cost of purchases from the market
Net Purchases - ~	Net Purchases - 1000·~	Production	LT Plan, MT Schedule, ST Schedule	False	Net purchases from the market
Net Revenue - $	Net Revenue - $000	Production	LT Plan, MT Schedule, ST Schedule	False	Net revenue from reserve sales in the market
Net Sales - ~	Net Sales - 1000·~	Production	LT Plan, MT Schedule, ST Schedule	False	Net reserve sold into the market
Price - $/~	Price - $/~	Production	LT Plan, MT Schedule, ST Schedule	False	Price point on market demand function
Price Cap Hours - h	Price Cap Hours - h	Production	LT Plan, MT Schedule, ST Schedule	False	Number of hours the price cap was applied
Price Floor Hours - h	Price Floor Hours - h	Production	LT Plan, MT Schedule, ST Schedule	False	Number of hours the price floor was applied
Price Paid - $/~	Price Paid - $/~	Production	LT Plan, MT Schedule, ST Schedule	False	Average price paid
Price Received - $/~	Price Received - $/~	Production	LT Plan, MT Schedule, ST Schedule	False	Average price received
Purchases - ~	Purchases - 1000·~	Production	LT Plan, MT Schedule, ST Schedule	False	Purchases from the market
Revenue - $	Revenue - $000	Production	LT Plan, MT Schedule, ST Schedule	False	Value of sales to the market
Sales - ~	Sales - 1000·~	Production	LT Plan, MT Schedule, ST Schedule	False	Sales to the market
Shortage - ~	Shortage - 1000·~	Production	LT Plan, MT Schedule, ST Schedule	False	Amount that demand exceeds supply
Shortage Cost - $	Shortage Cost - $000	Production	LT Plan, MT Schedule, ST Schedule	False	Cost of shortage
Shortage Hours - h	Shortage Hours - h	Production	LT Plan, MT Schedule, ST Schedule	False	Number of hours demand exceeds supply
Surplus - ~	Surplus - 1000·~	Production	LT Plan, MT Schedule, ST Schedule	False	Amount that supply exceeds demand
Surplus Cost - $	Surplus Cost - $000	Production	LT Plan, MT Schedule, ST Schedule	False	Cost of surplus
Surplus Hours - h	Surplus Hours - h	Production	LT Plan, MT Schedule, ST Schedule	False	Number of hours that supply exceeds demand
Total Cost - $	Total Cost - $000	Production	LT Plan, MT Schedule, ST Schedule	False	Cost including block fixed costs
x	x	Pass-through	LT Plan, PASA, MT Schedule, ST Schedule	True	Value to pass-through to solution
y	y	Pass-through	LT Plan, PASA, MT Schedule, ST Schedule	True	Value to pass-through to solution
z	z	Pass-through	LT Plan, PASA, MT Schedule, ST Schedule	True	Value to pass-through to solution