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Ann: South Erregulla Peaking Power Plant, page-27

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    Am I correct in interpreting the capacity credit payment is a guaranteed payment for having a certain amount of generating capacity available to call on to deliver electricity into the market at any time, up to the installed capacity of the generating plant? So it's like a take or pay payment, which we earn simply for having built the plant, whether we're generating electricity from it or not? So then 38% of our forecast revenue, of between $15.3m and $19.55m (based on between $180 to $230/ MW * 85MW installed capacity) is assured?
 
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