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"Peaker" gas-fired power plants are already profitable while being used only 2-5% of the time. The reason for that is that they function only during price peaks, where peaks can be 50-100 times higher than normal prices for short periods. So they make enough money from very kWh, and overall emit very little carbon, while providing a vital service to the grid.

Thus you can easily maintain redundancy at a very low overall cost.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Sat Jul 19th, 2008 at 12:02:42 PM EST
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