Dispatch exists to achieve the most economically-lucrative operation schedule at a power plant. This calculation includes the variable costs of each plant (such as the cost of fuel at a coal-fired plant) along with anticipated prices on the energy markets. A power plant will only operate if its variable costs come in lower than the sales prices that can be secured. Dispatch creates a schedule that determines the allocation of available capacity for the plant or plants. Factors include location (which plant will be used?), time (how long will the plant be used, and from when?), and graduation (should the plant run at a partial or full load?).
Power plant operators are usually required to register their schedule with the respective transmission grid operator to enable forecasting of the grid’s available power.
Disclaimer: Next Kraftwerke does not take any responsibility for the completeness, accuracy and actuality of the information provided. This article is for information purposes only and does not replace individual legal advice.
All about our Products and Services
With the rise of renewables all over the world, we are facing a gigantic transformation of the global energy system. The Virtual Power Plant answers the demands of the decentralized energy world and opens up new business prospects for its participants and, of course, RES aggregators. We help you utilize them in the best possible way.