Merit Order with Reserves

A standard merit order, now with spinning and frequency reserve requirements. Holding reserve locks part of a unit's capacity, so the cheapest running unit no longer sets the price.

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 250 200 333.3 40 40 150
GAS_2 GAS CCGT 100 70 333.3 20 20 170
GAS_3 GAS CCGT 150 100 333.3 40 0 180
GAS_4 GAS CCGT 120 80 333.3 40 0 250
System Parameters
Time Horizon 1 intervals (0.5h)
Interval Duration 30 minutes
Spinning Reserve (Up) 100 MW
Spinning Reserve (Down) 100 MW
Frequency Reserve 60 MW
Value of Lost Load 100000 NIS/MWh
Coal Priority Dispatched Last
Demand
Total Demand 480 MW