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Old 09-05-2020, 11:57 AM   #5575
bizaro86
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Quote:
Originally Posted by Fuzz View Post
https://www.powermag.com/constructio...nt-in-alberta/


Some good news, at 60% efficiency this will help reduce emissions by offsetting coal, and provide stable base load. More of these, please.
That article says the power is already contracted and they have their gas linked spread locked in, if I read it correctly. So its guaranteed money for the developers. I'm curious who is buying the power, anyone know?

Or is it a capacity type long term deal with the power pool where we are all on the hook for the economics.

If someone is building an energy only plant in AB right now that is great news, imo.
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