Quote:
Originally Posted by Tron_fdc
"The regulations will also allow a certain level of natural gas power production without the need to capture emissions. Capturing emissions will be exempted during emergencies and peak periods when renewables cannot keep up with demand. "
https://www.cbc.ca/news/politics/can...ease-1.6932332 |
Yeah the draft CER caps their operation at 450 hours per year (450/8760 ~ 5%) and longer only with the federal minister's approval on a plant-by-plant basis and it has to be renewed every 90 days.
The 450 won't create enough revenue potential to keep those peaking plants viable without dramatically increasing the market's price ceiling or introducing either a capacity payment or a new reliability product that functions like a capacity payment for those assets.
The process for operating in excess of 450 is sufficiently burdensome that it's not a practical solution at scale.
Anyway, I'm just trying to highlight that it's not like the solution to the backup power issue is already in the current CER draft as-written.
Disclaimer: I work in the industry across all technology types and am a centrist politically so please don't make assumptions about where I'm coming from in this discussion.