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Its not about turning a profit, but running the grid. You have to meet demand. The options are basically to build pumped storage to smooth out supply and demand
by dahfizz 5y ago
Its not about turning a profit, but running the grid. You have to meet demand. The options are basically to build pumped storage to smooth out supply and demand, or build more peaker plants to meet demand spikes.
- nsomani 5y agoYes, but it's also about turning a profit, because you have to incentivize power producers to build pumped storage / batteries / etc. The ISO markets are unregulated in that respect, since the government doesn't build or control the power plants.