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owners of CCPP are actually thinking of shutting down their plants for good!

You know, I have trouble believing this. I could understand utilities being reluctant to invest in new gas-fired plants as they know the capacity factor will be less than required. But existing plants should used as long as it's cash-flow positive, and I don't see that it's not the case often enough to keep the plants spinning.

Do you have public data on this? Is this just political posturing by the utilities?

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

by Jerome a Paris (etg@eurotrib.com) on Wed Feb 3rd, 2010 at 11:05:37 AM EST
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probably a bit of both. I don't have any real data of a  CCPP in Spain incl the relevant price contracts/mechanisms (though maybe I can try to get some...?), this is only from converstations with people who have thought or are thinking of building CCPPs in Spain and muse about the current situation, so it should be taken with a grain of salt. Sorry, should have made that clearer in my post.
by crankykarsten (cranky (where?) gmx dot organisation) on Thu Feb 4th, 2010 at 03:09:26 AM EST
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