Purchaser Cleared Bid Price

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

Purchaser Cleared Bid Price is the Price of marginal Offer band, and is defined as:

Cleared Bid Price = Bid Priceb

where:

b is the marginal bid band.

See also: