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Pay out customer payments based on demand * MC intersection

#97

Reported by Christopher Peplin · October 23rd, 2010 @ 08:09 PM

State: resolved
Milestone: Apollo 7
Assigned to: Christopher Peplin Christopher Peplin

Activity

  1. Christopher Peplin
    Christopher Peplin
    • Milestone order changed from 32 to 0

    This will also be an integral over time.

    Also, need different calculations for different regulation types.

    October 26th, 2010 @ 02:44 AM

  2. Christopher Peplin
    Christopher Peplin
    • Milestone changed from Apollo 4 to Apollo 7

    October 26th, 2010 @ 02:47 AM

  3. Christopher Peplin
    Christopher Peplin
    • State changed from new to in-progress

    integral over load
    times the day rate marginal cost (okay since market is cleaered only once per day)

    S(load(x)) * mc(today)

    if market is cleared more than once a day, need to look up historical prices and then it's the integral S(load(x) * mc(x))

    October 30th, 2010 @ 02:41 AM

  4. Christopher Peplin
    Christopher Peplin

    Price charged to customers depends on:

    • Auction
      • Actual MC
      • LMP
    • RoR
      • Rate of Return
    • Unregulated
      • Profit markup

    City knows best:
    has LMP set by state knows # of customers knows MC of generators asks state for profit markup * asks state's game for RoR

    Charge:

    • Game tells states to charge since time T
      • States tell cities to charge since time T
        • City asks generators for average MC and power generated since X, or does integral of MC over power demand for time X
        • Cities ask state for regulation type
        • Cities mark up MC as such and pay out to state
        • Cities mark themselves as 'stepped' or use da separate 'paid_at' attribute so it can be measure individually

    October 30th, 2010 @ 04:00 AM

  5. Christopher Peplin
    Christopher Peplin

    MC is constant per day, so the integral of the demand curve should be possible

    October 30th, 2010 @ 04:20 AM

  6. Christopher Peplin
    Christopher Peplin
    • State changed from in-progress to resolved

    October 31st, 2010 @ 01:42 AM

  7. Christopher Peplin

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