In the section of this chapter dealing with load management by the utilities, it was mentioned that
Question:
In the section of this chapter dealing with load management by the utilities, it was mentioned that peaking plants are typically cheap to build (compared to base-load plants), but that they have relatively high operating costs. Explain why it makes sense for utilities to use this lower-capital, high-operating-cost type of plant for peaking and the high-capital, lower-operating-cost type of plant for base load.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Environmental And Natural Resources Economics
ISBN: 9780131392571
9th Edition
Authors: Tom Tietenberg
Question Posted: