Capacity Factors

I see from Mirant’s 10-K filing that Sual and Pagbilao ran at 37%-38% capacity factor last year. I had not realized they were running that low.

One Comment

  1. Posted Jun 20th at 4pm | Permalink

    Yes, they might be running at that low Capacity factor because Mirant Sual Plant is used as an Spinning Reserve. Meaning, as a reserve, most of the time, only a part of its rated capacity is actually utilized. However, as an NPC-IPP they are paid for 1000 MW capacity or 83.33% of its rated capacity.

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