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: