DefaultBid
Class Description
DefaultBid is a generic class to hold Default Energy Bid, Default Startup Bid, and Default Minimum Load Bid:
Default Energy Bid A Default Energy Bid is a monotonically increasing staircase function consisting at maximum 10 economic bid segments, or 10 ($/MW, MW) pairs. There are three methods for determining the Default Energy Bid: <ul> <li>Cost Based: derived from the Heat Rate or Average Cost multiplied by the Gas Price Index plus 10%.</li> <li>LMP Based: a weighted average of LMPs in the preceding 90 days.</li> <li>Negotiated: an amount negotiated with the designated Independent Entity.</li> </ul>
Default Startup Bid A Default Startup Bid (DSUB) shall be calculated for each RMR unit based on the Startup Cost stored in the Master File and the applicable GPI and EPI.
Default Minimum Load Bid A Default Minimum Load Bid (DMLB) shall be calculated for each RMR unit based on the Minimum Load Cost stored in the Master File and the applicable GPI.
Attributes
| Name | Type | Description |
|---|---|---|
| bidType | BidType | Default bid type such as Default Energy Bid, Default Minimum Load Bid, and Default Startup Bid |
| minLoadCost | CostRate | Minimum load cost in $/hr |
| peakFlag | OnOff | on-peak, off-peak, or all |
Relationships
Ancestors
Descendents
No descendent classes
Associations
| Source Class | Source Cardinality | Target | Target Cardinality | Source Name | Source Assoc. Description | Target Name | Target Assoc. Description |
|---|---|---|---|---|---|---|---|
| DefaultBid | 0..1 | DefaultBidCurve | 0..1 | DefaultBid | DefaultBidCurve | ||
| DefaultBid | 0..1 | RegisteredResource | 1 | DefaultBid | RegisteredResource |