it is true. The total load forecast was changed the night before and the 6000 MW wind forecast RAPIDLY went down to around 2000 MW. It was too late to schedule the generators. You have ABSOLUTELY no idea how this industry works. Traders who noticed this in time and took a position made a killing as the cost per megawatt shot up to 3000 dollars an hour.
***You have ABSOLUTELY no idea how this industry works.***
Oh yes I do! I retired two years ago after thirty one years in a coal fired power plant, 28 years as a control center operator and had to deal with dispachers, hourly load forcasts and traders constantly!
3000/MWHr? Wow!! I remember, before "deregulation", when the emergency power rate was $100/MWHr. And we used to complain back then.