In South Australia (SA) there's a few market-specific reasons why floor prices (here -$1000/MWh) occur: 1. Older wind farms have PPAs (essentially a swap) that have no floor. They make the strike price regardless of the…
In South Australia (SA) there's a few market-specific reasons why floor prices (here -$1000/MWh) occur: 1. Older wind farms have PPAs (essentially a swap) that have no floor. They make the strike price regardless of the…