Does the FCAS market not solve for these spikes?
not having a dig, but as a counter argument, could you not conclude that its coals inability to ramp up and down fast enough to counter solar?
who has priority in the stack?
I believe this is why the NEM is going to a 5min settlement market, which will encourage fast start technology which will materially help with grid stability.
Interesting times, but the transition has been pretty rough, market hasn't really responded to renewable well other than old coal stations shutting down. This summer could really test both grid stability and generation
AGL Embraces Climate Change At A High Cost, page-104
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