Thursday, December 14, 2006

A warm december

If it wasn't warm then there would be concerns. The big issue is that there are a couple of gigawatts of AGRs out this winter. This means that there is less space for the CCGTs to go off line. Rough at its maximum rate now would have until late Feb. The question is, therefore, what happens when demand shoots up.

If it gets cold we will find out.

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