Dodging capacity payments might become an art form among load-serving entities and large electric consumers, as evidenced by Duquesne’s plan to exit PJM, as well as alternative market-designs...
Merchant Power: When Hedging and Profits Collide
Does too much risk management mean leaving money on the table?
prices and the plant’s operations. The output includes operating margins and EBITDA. For example, 1,000 market scenarios generate 1,000 different EBITDA amounts for any given month.