Power generators should maintain economical backup fuel for insurance during times of peak demand.
Finding an economical solution to backup fuel can be difficult, especially for smaller power generators. Depending on the region, the penalties of a no-fuel event within the United States can range from $2,500 to $5,000 per Megawatt Hour to the harsher loss of capacity payments for an entire year. These penalties can wipe out a year of profitability in a single event.
THE NORTHSTAR SOLUTION
Liquefied natural gas (LNG) storage is an economical and competitive option for backup fuel during constrained gas capacity conditions. By locating an LNG storage tank on-site or purchasing LNG as a service from a regional provider, generators benefit from this affordable fuel as a backup source. Power generators may also be able to use the LNG as a primary source of generation under the right conditions.
Northstar is offering two separate solutions; the Point of Use solution and the Regional Model Solution. Download our brochure to learn more about how these solution will keep fuel on demand and limit any possibility of no-fuel event penalties.