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An energy market receives bids from four different generators to supply power to the system load over the next hour. Assume the generators are selected
An energy market receives bids from four different generators to supply power to the system load over the next hour. Assume the generators are selected using the standard market design. The bids are as follows: Bid Price ($/MW-hr) 30 Gen A Gen B Gen C Gen D Bid Capacity (MW) 250 50 100 100 60 50 50 a. Draw the bid stack for this market, with bids arranged in the order they clear the market. Label each bid, and provide units for the x- and y-axes of the graph b. For a system load of PD = 325 MW, What is the clearing price of the market (in $/MW-hi? How much does Generator B receive in revenue (in $)? How much does Generator C receive in revenue (in $)? i. c. For a system load of P) = 440 MW, i. What is the clearing price of the market (in $/MW-hi)? . How much does Generator B receive in revenue (in $)? i. How much does Generator C receive in revenue (in $)?|| An energy market receives bids from four different generators to supply power to the system load over the next hour. Assume the generators are selected using the standard market design. The bids are as follows: Bid Price ($/MW-hr) 30 Gen A Gen B Gen C Gen D Bid Capacity (MW) 250 50 100 100 60 50 50 a. Draw the bid stack for this market, with bids arranged in the order they clear the market. Label each bid, and provide units for the x- and y-axes of the graph b. For a system load of PD = 325 MW, What is the clearing price of the market (in $/MW-hi? How much does Generator B receive in revenue (in $)? How much does Generator C receive in revenue (in $)? i. c. For a system load of P) = 440 MW, i. What is the clearing price of the market (in $/MW-hi)? . How much does Generator B receive in revenue (in $)? i. How much does Generator C receive in revenue (in $)?||
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