Power Plant

Guaranteed Cold Start-Up Time [h]

φ

1 - φ

Marginal Costs pimc [?MWh]

Offer Price pi [?MW]

p0 = 10

p0 = 70

Wind turbine

0.000

1.000

1

11

71

Hydroelectric power station

0.02

0.980

0.020

1

1

2

Gas turbine

0.12

0.893

0.107

90

91

98

Cogeneration plant (CHP)

0.17

0.855

0.145

50

51

60

Combined cycle gas turbine

5

0.167

0.833

50

58

108

Hard coal power plant

6

0.143

0.857

60

69

120

Lignite power plant

9

0.100

0.900

40

49

103

Nuclear power plant

50

0.020

0.980

5

15

74