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Chapter 9 Existing Base-load Geothermal a Demand Next Generation Base-Load EGS EnergySector Fundamentals: Economic Analysis, Projections, and Supply Curves 9.8.5 The aggregate industry supply curve Figure 9.3 Price trends for meeting baseload electricity demand. Quantity b’ b CCGT or Coal Used to Meet Base-Load Demand Price Geothermal plants also exhibit a replacement substitution based on technology of surface conversion, 914 depth to resource, and resource recovery. Generally, supply to meet baseload power requirements is available at different price levels depending on region, available installed capacity, and fuel cost. When looked at from the standpoint of delivered energy in $/MWh, and operating characteristics that match the system operations demand (i.e., for base load, peak load following, etc.), the substitution from conventional pulverized coal to supercritical generation will reflect continuously highercost options (assuming all operators bid marginal cost). In addition, each technology has a replacement technology supply curve that is a proxy for efficiency or equivalent substitution in grid operations. The best example of this replacement supply curve is in the area of coal plants (see Figure 9.4). With it, we also have a rough approximation of time of installation and potential capacity factor, each increasing over time and adding to the aggregate supply.PDF Image | Energy Sector Fundamentals
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