Marginal Cost: Fuel, Efficiency, Carbon Price & Variable O&M
This lesson is part of the course
In this lesson
You build the short-run marginal cost of seven plants from fuel price, efficiency, emission factor, carbon price and variable O&M, measure the spread of the merit order and find the carbon price at which gas becomes cheaper than coal.
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Lessons in this course
- Load Curves: Peak, Average, Load Factor & the Load-Duration Curve Locked
- The Generation Fleet: Capacity, Availability, Capacity Factor & Energy Mix Locked
- Marginal Cost: Fuel, Efficiency, Carbon Price & Variable O&M Locked
- Merit-Order Dispatch: Ranking Plants and Finding the Clearing Price Locked
- Wind & Solar Feed-In: Residual Load and the Clearing Price Hour by Hour Locked
- Resource Adequacy: Firm Capacity, Reserve Margin & Shortfall Hours Locked
- Generator Economics: Inframarginal Rent and the Capture Price of Solar Locked
- Market Dashboard: Price-Duration Curve, Energy Mix & Emissions Intensity Locked