Suppose a generator owner with marginal generation costs of $35/MWh enters a swap contract to sell 800MWH at $50/MWh for hour t. It generates 900MWH in hour t, when the wholesale electricity price is $40/MWh. What is the overall variable profit for the hour (incorporating contract revenue, spot revenue and incurred costs) Note, just enter a number, not the units (it is in $) or commas.
Suppose a generator owner with marginal generation costs of $35/MWh enters a swap contract to sell 800MWH at $50/MWh for hour t. It generates 900MWH in hour t, when the wholesale electricity price is $40/MWh. What is the overall variable profit for the hour (incorporating contract revenue, spot revenue and incurred costs) Note, just enter a number, not the units (it is in $) or commas.
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter6: Linear Systems
Section6.8: Linear Programming
Problem 5SC: If during the following year it is predicted that each comedy skit will generate 30 thousand and...
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