HOW TO GET HIGHER ROI WITH FLEXIBLE GENERATION CAPACITY IN PJM



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The current investment trend in PJM is focusing on extremely efficient capacity, which in practice usually translates to combined cycle gas turbines (CCGTs). Logically, the higher the nominal efficiency, the more hours the owner will be able to sell. However, the trade-off for acquiring efficiencies north of 60% is that the flexibility suffers. In practice, this means that the owner will have to run through a substantial amount of low electricity prices as well. While this is not necessarily a major issue, a new study shows that there is a more lucrative option available!




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   Matti Rautkivi

   Sales & Marketing Director,
   Wärtsilä Energy Solutions
   
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