Description
Return one interval’s generation weight, capture-price contribution and revenue.
Energy price comparisons require consistent delivered or input energy units, efficiency, calorific basis and reporting period. Dividing by efficiency increases the input needed for a delivered unit; nominal price differences alone need not represent a saving.
Return one interval’s generation weight, capture-price contribution and revenue.
When to use this tool
Use Renewable Capture Price Weight One Hour when checking one supplied energy-price normalization or cost contribution.
How to use the tool and how it works
- Enter generation, price, totalGeneration. Use the units and conventions below.
- Run the tool. Correct any format, range, or cross-field input error before interpreting the output.
- Read weight, capturedPriceContribution, revenue. Use the output convention below.
Require positive totalGeneration and generation in [0,totalGeneration]. weight = generation/totalGeneration; capturedPriceContribution = weight*price; revenue = generation*price.1
| Input field | Meaning and units | Accepted input |
|---|---|---|
| generation | Generation | Required. Finite number; minimum 0. |
| price | Price | Required. Finite number. |
| totalGeneration | Total Generation | Required. Finite number; strictly above 0. |
| Output field | Interpretation | Returned shape |
|---|---|---|
| weight | Weight | Required. Finite number. |
| capturedPriceContribution | Captured Price Contribution | Required. Finite number. |
| revenue | Revenue | Required. Finite number. |
{
"input": {
"generation": 20,
"price": 50,
"totalGeneration": 100
},
"output": {
"weight": 0.2,
"capturedPriceContribution": 10,
"revenue": 1000
}
}Limitations and assumptions
- This is one generation-weighted contribution, not the complete capture price. Use matching energy and currency/energy units; negative market prices are preserved.
- Inputs must satisfy both the field types and the cross-field conditions above. Invalid input causes an error; a successful false flag or documented placeholder is a different result.
- Numeric calculations use binary floating point unless exact decimal-integer arithmetic is explicitly stated. No hidden measurement tolerance or decimal rounding is added; nonfinite or out-of-contract results are rejected. Numeric signed-zero results are exported as zero.
Alternative or Complementary methods
Use the full tariff, operating profile and cost boundary when assessing real bills, investments or load-shifting decisions.
References
Similar or alternative tools
- Time Of Use Weekend Shift Price Gap
newInputKwh = shiftedKwh/efficiency; savings = shiftedKwh*oldPrice-newInputKwh*newPrice.
- Fuel Heat Price Reference Gap
deliveredPricePerHeat = pricePerFuelUnit/(heatPerFuelUnit*deliveredEfficiency); referenceGap subtracts suppliedReferencePricePerHeat.