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What happens when they bid power and can't deliver?
by LorenPechtel 8mo ago
What happens when they bid power and can't deliver?
- jerven 8mo agoThere is a significant fine to be paid by the non delivering supplier. This still happens and that is why there is also an auction for reserve power. Oversupply is fined even higher as that is also bad for grid stability.
- LorenPechtel 8mo agoAnd what ensures the reserves are adequate?
- deleted 8mo ago[deleted]
- ViewTrick1002 8mo agoYou generally have two options: 1. Pay someone else to deliver your electricity. 2. Pay the grid operator to deliver your electricity through their reserves. This includes a fine.