Purchaser Load Factor

Units:%
Mode:Output Only
Multi-band:False
Default Value:
Validation Rule:
Key Property:No
Description:Proportion of load bids cleared

Purchaser Load Factor is the proportion of load bids cleared and is defined as:

Load Factor = 100 × ( ∑iBid Clearedi ) / ( ∑iBid Quantityi )

where:

i indexes the bid bands.

See also: