Question: Please give me clear and true solution with also graph ! The Balancing Power Markets makes a significant contribution to compensating for short-term fluctuations in

Please give me clear and true solution with also graph ! The

Please give me clear and true solution with also graph !

The Balancing Power Markets makes a significant contribution to compensating for short-term fluctuations in the electricity system. Calculate the turnover of the 5 bidders based on the parameters in the table below. Show the merit order graphically for each stage. Assume a needed capacity reserve of the grid authority of 820MW. In the second stage an actual amount of electricity is called of 720MWh (over 1 hour). In the second stage Bidder 1 and Bidder 3 already sold the capacity, which did not succeed in stage 1 at another market

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