A motley assortment of naysayers and recalcitrants continue to oppose competitive electricity markets around the world. But the alternative to markets is centralized command economics—a...
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.