I posted the two articles in the same thread to point out that A natural gas powered generator underbid a nuclear powered generator for base load power supply.
Natural Gas powered electrical generation has grown cheaper both because of lower fuel cost and significantly improved efficiencies.
The different power suppliers bid against each other to PJM to supply the power. The cheapest wins. (when meeting other criteria)
PJM received enough bids to meet their base load requirements. This gas powered plant, and others, have added to the power generation capacity.
Thanks for posting this along with your other related posts from time to time.
Thanks.
“Natural Gas powered electrical generation has grown cheaper both because of lower fuel cost and significantly improved efficiencies”.
However, the bid must not have had coal as a competitor. In our area a new gas generating plant is still five to ten times more expensive than coal according to the producers. We are seeing the direct result with a new gas plant in Cheyenne WY and the early shut down of at least three coal fired plants.