Scarcity Pricing

Demand (220 MW) exceeds total capacity (180 MW). All units run at full output but 40 MW remains unserved. The MCP rises to VOLL (10,000 NIS/MWh), the price of scarcity.

Generation Units Table
Pre-optimization unit parameters
Unit Fuel Technology Capacity(MW) Min Load(MW) Ramp(MW/min) Spin Res(MW) Freq Res(MW) Price(NIS/MWh)
GAS_1 GAS CCGT 100 30 2.0 0 0 100
GAS_2 GAS SIMPLE_CYCLE 80 25 2.0 0 0 200
Showing 2 units sorted by price
System Parameters
Time Horizon 1 intervals (0.5h)
Interval Duration 30 minutes
Spinning Reserve (Up) 0 MW
Spinning Reserve (Down) 0 MW
Frequency Reserve 0 MW
Value of Lost Load 10000 NIS/MWh
Coal Priority Dispatched Last
Demand
Total Demand 220 MW
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