Region Generation Cost

Units:	$
Mode:	Output Only
Multi-band:	False
Default Value:
Validation Rule:
Key Property:	No
Description:	Total variable cost of generation

Region Generation Cost is the total variable cost of generation and is defined as:

Generation Cost =

• ∑ ( i ∈ Generators ) ( Generation Participation Factor_i × Generation Cost_i )
• + ∑ ( j ∈ Generation Contracts ) ( Generation Cost_j )
• + ∑ ( k ∈ Batteries ) ( Battery Distribution Factor_k × (VO&M Cost_k + UoS Cost_k ))

This represents the cost of generation based on the cost of Fuel and other variable costs.

See also:

• Region Cleared Offer Cost