Spark in the dark black
S S = p E − p G η e l = p E − H R ⋅ p G Ĭlean dark spread or " dark green spread" refers to an analogous indicator for coal-fired generation of electricity. 2.1 Spark spread as cost of replacement power for intermittent renewables.
#Spark in the dark black generator#
A higher dark spread is more economically beneficial to the owner of the generator an IPP with a dark spread of €15/ MWh will be more profitable than a competitor with a dark spread of only €10/MWh.įurther definition of clean spread indicators include the price of carbon dioxide emission allowances (see: Emission trading). Local market conditions, actual plant efficiencies and other plant costs have to be considered. For operating or investment decisions published "spread" data are not applicable. These indicators of power plant economics are useful for trading energy markets. The term dark spread, quark spread and bark spread refers to the similarly defined difference between cash streams (spread) for coal-fired power plants, nuclear power plants and bio-mass power plants respectively. The term was first coined by Tony West's trading team on the trading floor of National Power Ltd in Swindon, UK during the late 1990s and quickly came into common usage as other traders realised the trading and hedging opportunities. All other costs ( operation and maintenance, capital and other financial costs) must be covered from the spark spread.
![spark in the dark black spark in the dark black](https://vgboxart.com/boxes/PC/66890-transformers-rise-of-the-dark-spark.jpg)
The spark spread is the theoretical gross margin of a gas-fired power plant from selling a unit of electricity, having bought the fuel required to produce this unit of electricity.