13 ms·
In practice, capacity markets seem to be mostly handouts to incumbents with a lot of fossil capacity. ERCOT has an ORDC, further pushing up prices during a cru
by jabl 6y ago
In practice, capacity markets seem to be mostly handouts to incumbents with a lot of fossil capacity.
ERCOT has an ORDC, further pushing up prices during a crunch. OTOH the rest of the time consumers enjoy quite low prices.
- 7thaccount 6y agoYep $9000 prices upon occasion.