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> "No contracts or fines are necessary. The plant is making the power ... So they pay for it to be disposed of." They only pay if they are selling into the mar
by Reason077 7y ago
> "No contracts or fines are necessary. The plant is making the power ... So they pay for it to be disposed of."
They only pay if they are selling into the market at the market rate. Often, large operators will have some or all of their output contracted to buyers at a fixed contractual rate, so they are not affected by negative prices.
- 7thaccount 7y agoAlso, they're hedged with the day ahead price.