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...
report," says Whitehouse, "PJM estimates that a new peaker with a marginal variable cost of $30 per MWh would have earned about $77,000 per MW in the PJM energy market during 1999 in fixed margins. This is equivalent, to $77/kW-year, or $6.42/kW-month. The important point is that this is enough to pay all of the annual fixed costs for a new peaker in a year."
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