Chan discusses the tensions in embedded vs. marginal costs in co-op contracts

Chan spoke with Mark Jaffe from The Colorado Sun about the challenges encountered in calculations about co-op contract exit fees. “Generally, what we’ve seen through the maturation of wholesale markets, through the declining price of renewables, and the volatility of fuel prices is a really big gap between wholesale energy prices, based on marginal costs, and long-term contract prices, based on embedded costs.”