Page Comparison

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else PP = min(PT_{i=1 to n}) where PT_i <> 10 for all i

end

Relative prices

The bid allocation rules defines price_type and price_phase that are a function of TPmin, SRMC and TPmax.

Then depending on the price_type and price_phase of a dispatch interval then volume is assigned to one of five Pricebands shown in the diagramme below.

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Allocation Rules - Simplified

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