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Who needs 'baseload' power? (Or, let the markets do their job)

from GreenBiz

In April, U.S. Secretary of Energy Rick Perry announced a 60-day study on electricity market design and grid reliability, meant to assess to what extent current market designs fail to adequately compensate "baseload" (coal- and nuclear-fired) power plants. The memo commissioning the study presents as "fact" a curious claim: "baseload power is necessary to a well-functioning electric grid." This notion has been thoroughly disproven by a diverse community of utilities, system operators, economists and other experts that moved on from this topic years ago. To these practitioners, this premise seems as backward as if President Dwight Eisenhower, instead of launching the interstate highway system, had called for restudy of the virtues of horse-drawn carriages. more


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