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It will be true 99.99% of the time that TPB_min < SRMC⁺ < TPB_max . The above formulas have been simplified given this condition is true.

Price_type

The allocation rules are designed to ensure that the unit will not be generating if a FRRP less than the TPB_min is expected to occur. Similarly the allocation rules are designed to ensure that the unit will be generating at full capacity if the unit is operating between TPB_min and TPB_max but the FRRP is likely to increase above TPB_max . For every dispatch interval, one of four price_types are defined as follows:

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