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Essay

Basic of WESM

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Issue:

Business

 

Written by:

Cheryl S

 

Date added:

December 26, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 659

 

Was viewed:

2944 times

 

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Essay content:

The generator who could offer the lowest price will be the first one to be dispatched, yet, accordingly, the nodal price will be based on the marginal clearing price. This is a game of strategy ? bidding, location, production costs, and unforeseen events. A generator could actually offer a zero or negative price, and have a 100% chance of being dispatched first ? but should be open to the risk that it could actually generate electricity without being paid or worst, will be the one to pay the buyers instead...
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A generator could actually offer a zero or negative price, and have a 100% chance of being dispatched first ? but should be open to the risk that it could actually generate electricity without being paid or worst, will be the one to pay the buyers instead. A generator could also offer a higher price to cover all its costs yet has a minimal chance of being dispatched ? a lost opportunity, lost probable revenue...
displayed 300 characters

General issues of this essay:
Basic Wesm Load Of The Flies Essay Basic of WESM global yet local Hormel Local P-9 Local Employees Local Pay Local Entity's local 365 Local Fundraising Local Government customer orientated hot water load management developing local economy Eskom- Load Shedding Local Population Changes State and Local Gov't
 

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