Power2X Cleared Bid Cost

Units:	$
Mode:	Output Only
Multi-band:	False
Default Value:
Validation Rule:
Key Property:	No
Description:	Area cleared under the Power2X bid curve

Power2X Cleared Bid Cost is the cost of Load as seen by the Market Operator and is defined as:

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

See also:

• Power2X Bid Cleared