2 ms·
Nope! It’s a price floor.
by bobthepanda 4y ago
Nope! It’s a price floor.
- credit_guy 4y agoIt's not a price floor [1]. If the wholesale price of power is higher than the strike price, then the operator pays the difference to the regulator. [1] https://www.jstor.org/stable/pdf/resrep14807.4.pdf https://www.jstor.org/stable/pdf/resrep14807.4.pdf