A merchant (unregulated) utility has a 300 MW combined cycle gas generation unit in PJM. For 2022, the utility received $50/MW-day for dedicating the capacity of the unit to PJM and $65/MWh for actual generation dispatched into PJM. During 2022, the combined cycle unit generated at a 65% capacity factor and all generation was dispatched into PJM.

What is the annual revenue received by the merchant utility during 2022?

Answer rating: 100% (QA)

To calculate the annual revenue received by the merchant utility during 2022 we need to consider the ... View the full answer