2 ms·
Plants will typically have a normal operating range (where the minimum is >0). A gas plant can respond fairly quickly within that range, but a cold start requir
by remus 2y ago
Plants will typically have a normal operating range (where the minimum is >0). A gas plant can respond fairly quickly within that range, but a cold start requires more time.
- ssl-3 2y agoSo they're paying money (or at least, producing little income) to keep the plants working when it is not needed, so that things are ready to go when it inevitably becomes possible for the plants to spool up and make money when their need increases. Makes sense.
- remus 2y agoExactly. They can do this (i.e. keep producing power when the spot price is negative) because a plant that can respond rapidly to increased demand can charge a large premium in times of need.