Even with long term contracts in place they will mark the contracts to market so they do notice the loss on their books.
But plants have thermal limits to what they can do, the heat they provide may be used elsewhere, they may provide services to the grid operator... a range of reasons why they'd run even when not profitable for that hour.
In general, plant operators are very good at maximising value (which translates to more revenue for them). And they will happily use all the flexibility at their disposal to do so.
But plants have thermal limits to what they can do, the heat they provide may be used elsewhere, they may provide services to the grid operator... a range of reasons why they'd run even when not profitable for that hour.
In general, plant operators are very good at maximising value (which translates to more revenue for them). And they will happily use all the flexibility at their disposal to do so.