Units: | $ |
Mode: | Output Only |
Multi-band: | False |
Default Value: | |
Validation Rule: | |
Key Property: | No |
Description: | Area cleared under demand curve |
Purchaser Cleared Bid Value is the value of Load as seen by the Market Operator and is defined as:
Cleared Bid Value = ∑ ( b ) ( Bid Priceb × Bid Clearedb )See also: