Projects sprout in the United States and overseas, pushing the limits of grid capacity, turbine manufacturers and available sites.
Merchant power plants are emerging en masse to address...
place for the first two years and in the long run. The figures were based on the following assumptions: current tariff structures are retained; a long-run price elasticity of demand of between 0.4 and 0.6; changes in electricity costs are passed on to customers; electricity consumption changes as prices change; and a post-wheeling price of electricity of 4¢/kWh.
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