Question: Question 4: Copy the raw data again to a new sheet and name it Summer. Raw data file can be downloaded from given link: https://drive.google.com/file/d/1lBFy4nmF2TDZTs1PvUzYT9JAE9NEbBgy/view?usp=sharing
Question 4: Copy the raw data again to a new sheet and name it "Summer".
Raw data file can be downloaded from given link: https://drive.google.com/file/d/1lBFy4nmF2TDZTs1PvUzYT9JAE9NEbBgy/view?usp=sharing
Assume that the demand now for the hour is 7000 MW, the cost of Natural Gas increased by 20%, and there is no carbon tax. Furthermore, all Hydro, Wind, and Nuclear generators are offline.
a)What is the market clearing price?
b)Which generator is the marginal generator, and what resource does it use?
Draw a graph of the supply curve with a vertical line where the demand should be
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