Units: | $ |
Mode: | Output Only |
Multi-band: | False |
Default Value: | |
Validation Rule: | |
Key Property: | No |
Description: | Cost of cleared offer bands. |
Reserve Generators Cleared Offer Cost is the cost of Provision as seen by the objective function of the Market Operator and is defined as:
Cleared Offer Cost = ∑ ( b ) ( Offer Priceb × Provisionb )See also: