by Trevor Bell - Mar 03, 2014
Dr. Michael Giberson, an associate professor of practice in the Area of Energy, Economics and Law, offered his expertise for EnergyWire’s recent article, “Electricity producer sees ‘era of volatility’ ahead.”
Dr. Giberson was quoted as saying, “A power system typically has costlier generation that only comes online to supplement lower-cost production when demand is high relative to supply. A generator benefits from higher prices, while volatility can make an income stream more uncertain for borrowing money.”
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