Home » Dictionary » peaker plant

peaker plant

peaker plant
 n.— «Our natural gas fueled electricity generating facilities are commonly referred to as “peaker” plants. Our plants are used to balance unexpected short term surges in demand, making them critical to the reliability, or “insurance,” of the power grids they serve. Our assets generate revenue from providing capacity and ancillary reliability services to transmission grid that distributes electricity to industrial and retail electricity providers. During peak electricity usage times, such as the summer, we also sell our electricity in the daily merchant market.» —“10-K: MMC Energy, Inc.” MarketWatch Mar. 31, 2009. (source: Double-Tongued Dictionary)

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Further reading

Folding Money (episode #1616)

Barbara Kingsolver’s book Demon Copperhead is a retelling of Charles Dickens’ David Copperfield set in today’s Appalachia. Martha...

Blessing Box (episode #1613)

Is there such a thing as a “neutral” accent, and if so what does it sound like? And that quirk in the way southern Californians talk...

Excuse the Hogs (episode #1596)

When a teenager went a week without talking as part of a school project, he noticed a surprising side effect: Instead of rehearsing a response to...