The path to a greener electricity grid may be paved with good intentions but we mustn’t set targets in stone
In its draft order, it has set out a soft escalation scale for deviation penalties. These are quite low right now, but will rise to the level levied on conventional supplies by 2031 if the proposal is adopted. Currently, it is mostly coal-fired plants that step in with extra supplies to meet shortfalls. With the deviation leeway for renewable energy (RE) shortening, these plants will earn more for helping keep the system stable.
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