Class Description
Optionally, this curve expresses elasticity of the associated requirement. For example, used to reduce requirements when clearing price exceeds reasonable values when the supply quantity becomes scarce. For example, a single point value of $1000/MW for a spinning reserve will cause a reduction in the required spinning reserve.
X axis is constrained quantity (e.g., MW)
Y1 axis is money per constrained quantity
Attributes
None
Relationships
Inherits from
Descendant classes
- No descendant classes
Leaf/Root class
IsLeaf | IsRoot |
---|---|
False | False |
Associations
Source Class | Cardinality Source | Target Class | Cardinality Target | Source Name | Source Assoc. Description | Target Name | Target Assoc. Description |
---|---|---|---|---|---|---|---|
ReserveReq | 0..1 | SensitivityPriceCurve | 0..1 | ReserveReq | SensitivityPriceCurve |