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Newguest Posted 18 years ago
Grammar

phrases in bold

Hi

Can you explain to me what the phrases in bold mean?

1.These figures mean that, at the time when the PPA contracts are cancelled, coal generators will only obtain a small margin in the wholesale market if no capacity incentives are in place.

2.This margin will increase progressively up to the moment when the market price reaches the cost of entry of new capacity, at around ......

3.During the residual life of each unit, coal generators can expect to obtain a significant margin for their output.

thank you
  
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