Basically, solar or
wind power plant owners sell all of the electricity they produce to the grid for a set, financially lucrative price.
Not exact matches
Although amendments to the original law have expanded it to a wide variety of renewable resources and technologies, the original PTC applied to generation from tax - paying
owners of new
wind plants, as well as eligible biomass
power plants.
Sure enough the
owners of conventional generation
plant are regularly engaged in
power price gouging, whenever
wind power output collapses, a point picked up in this piece.
At present, 30 % of the
power that Platte River offers to its
owner communities comes from
wind, solar and other carbon - free energy sources, but the firm signed a PPA for a 150MW
wind plant in January that will bring that percentage to 48 %.
Simulation results show that energy storage makes it possible for
owners of
wind power plants to take advantage of variations in the spot price, by thus increasing the value of
wind power in electricity markets.