POWER Magazine•2 months ago
Successfully Closing a Power Plant? It’s All in the Details
- •Older thermal power generation facilities are increasingly being retired or mothballed due to economic factors and the ongoing transition to cleaner energy.
- •This trend signifies a reduction in dispatchable thermal capacity, potentially impacting grid reliability and capacity market dynamics.
- •The shift creates significant opportunities for developers to bring new, cleaner generation and flexible resources online to replace retiring assets.
capacity-market