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the benefit of adding additional low marginal cost volatile energy harvesting are their free-standing benefit, plus the portfolio benefit of reducing the variability of the combined power supply.
I'm not really arguing with you, just wondering if there may be some justification in legacy carbon based generators feeling used because they are expected to be available to provide base load at any time wind etc. doesn't, and yet much of their main "market" is being undermined and undercut by wind. Their capacity utilisation (and revenue) goes down, while their costs go down much less (just by their variable costs).
It comes down to whether or not legacy producers should also get paid for providing capacity, not just output, to compensate them for their fixed costs.
Of course many legacy plants paid back their investors a long time ago and should be happy for any business they can get provided it covers their fixed and variable costs. However if at some point in the future they become uneconomic and start closing wholesale, the entire entire generation portfolio may become unable to meet peak demand at valley production times even with a wider range of renewable options in place.
Index of Frank's Diaries
by Migeru - Jun 26 53 comments
by Frank Schnittger - Jun 25 60 comments
by Bernard - Jun 26 1 comment
by Frank Schnittger - Jun 24 72 comments
by Frank Schnittger - Jun 23 38 comments
by tyronen - Jun 22 38 comments
by Frank Schnittger - Jun 17 34 comments
by Frank Schnittger - Jun 13 62 comments
by Frank Schnittger - Jun 27
by Bernard - Jun 261 comment
by Migeru - Jun 2653 comments
by Frank Schnittger - Jun 2560 comments
by Frank Schnittger - Jun 2472 comments
by Frank Schnittger - Jun 2338 comments
by tyronen - Jun 2238 comments
by John Redmond - Jun 1726 comments
by Frank Schnittger - Jun 1734 comments
by gmoke - Jun 155 comments
by Frank Schnittger - Jun 1362 comments
by DoDo - Jun 1230 comments
by Democrats Ramshield - Jun 104 comments
by generic - Jun 81 comment
by fjallstrom - Jun 81 comment
by DoDo - Jun 647 comments
by ARGeezer - Jun 617 comments
by DoDo - Jun 568 comments
by ARGeezer - Jun 270 comments
by das monde - Jun 222 comments