Roger Caiazza nicely summarizes a series we previously published here in condensed form, tying everything together as to the energy problems New York (and others) face, which are enormous.
It seems to an old steam engineer that dispatchable electricity is worth more than unreliable intermittent electricity especially since neither wind nor solar can produce their own utility power. Conventional generators used supply the grid utility power as a percentage of output, the most efficient grid (eastern US) required over 6% power to operate. If wind and solar had to pay 3% of design 24 hours per day the price would more closely resemble reality.
Another great article, MR Shepstone.These details are correct .The name "renewables" is also so much BS.Not renewable at all and the cost of the immense damaging changes to the air, water and soil are off the charts!!!These climate cons use words instead of real data.Words can express lies, the actual scientific data are truths.We will win this fight!!Keep your grand works!!
Bilateral Contracts and Self-Scheduled Generations
Reliability Must-Run Generation
The top parts shows Generation Competing for Economic Dispatch in Merit Order.
This chart, if I am reading it right, says that a significant amount of generation is not actually subject to merit order (lowest marginal cost) dispatch. I have seen this referenced in other places. Is this true, and if so, how much of typical dispatch in an RTO/ISO is not directly merit order dispatch?
I assume that the prices available in the spot market would influence what companies get/paid for bilateral contracts. If as a generator I expect to get better prices in the spot market, I would write a different bilateral contract. The same is true of load-serving entities.
Yes. A reliable system is a necessity but the ideology of wind and solar drive us too unreliable and expensive systems. Just watch the costs of various systems.
It seems to an old steam engineer that dispatchable electricity is worth more than unreliable intermittent electricity especially since neither wind nor solar can produce their own utility power. Conventional generators used supply the grid utility power as a percentage of output, the most efficient grid (eastern US) required over 6% power to operate. If wind and solar had to pay 3% of design 24 hours per day the price would more closely resemble reality.
Another great article, MR Shepstone.These details are correct .The name "renewables" is also so much BS.Not renewable at all and the cost of the immense damaging changes to the air, water and soil are off the charts!!!These climate cons use words instead of real data.Words can express lies, the actual scientific data are truths.We will win this fight!!Keep your grand works!!
The post says
“Schussler succinctly describes how power markets and the problem with renewables:
Power markets use a merit-order dispatch system, where generators bid their costs, and the market sets prices based on the most expensive unit needed”
I understand that merit-order is a factor, but is it the only factor in setting prices? Below is a reference to a white paper I have read.
On page 17 of the following report they show a dispatch stack.
THE VALUE OF ECONOMIC DISPATCH
A REPORT TO CONGRESS PURSUANT TO SECTION 1234 OF THE ENERGY POLICY ACT OF 2005
https://www.energy.gov/oe/articles/value-economic-dispatch-report-congress-pursuant-section-1234-energy-policy-act-2005
At the bottom are resources such as:
Minimum Run Generation
Must-Take Native Load Generation
Bilateral Contracts and Self-Scheduled Generations
Reliability Must-Run Generation
The top parts shows Generation Competing for Economic Dispatch in Merit Order.
This chart, if I am reading it right, says that a significant amount of generation is not actually subject to merit order (lowest marginal cost) dispatch. I have seen this referenced in other places. Is this true, and if so, how much of typical dispatch in an RTO/ISO is not directly merit order dispatch?
I assume that the prices available in the spot market would influence what companies get/paid for bilateral contracts. If as a generator I expect to get better prices in the spot market, I would write a different bilateral contract. The same is true of load-serving entities.
Yes. A reliable system is a necessity but the ideology of wind and solar drive us too unreliable and expensive systems. Just watch the costs of various systems.