An FCAS for STX? I'll believe it when I see it. I cannot recall STX applying for accreditation or submitting an offer. But we will see.
As for grid stabilisation, I would have to be convinced that the proposed engines have enough rotating mass to prevent rapid changes in system frequency.
No, I am not saying that peaking and baseload prices are the same. Not knowing the figure STX used for its calculations, I used the Reference Trading Price as an example to illustrate the differences in the two types of operation. They will both be operating during peak periods.
I am still yet to be convinced that peaking operation is a better solution than base load for providing revenue to promote STX's continuing development. I am not considering the quantity of gas used, only the revenue earned.
Just my thoughts. J L.
STX Price at posting:
21.0¢ Sentiment: None Disclosure: Not Held
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