Generation Stack?

Could anyone please provide a clear definition of what a generation stack is?

 

I found this:

https://www.e-education.psu.edu/ebf200/book/export/html/148

It is pretty much what I thought it was.

 

From Energy Trading and Investing: Trading, Risk Management and Structuring Deals By Davis Edwards.

 

I was just browsing through the same book, but I couldn't find the exact definition, only references to the term.

 

The link you posted is pretty good.

 

Gen Stack is the price a unit would be in the money. Very high level def but easy to understand.

If you have a $90 market you may have hydro, coal, gas and oil running. In a $30 market maybe only nat gas meaning its cheaper for you to buy from the market to fill your load then turn on a unit

 

How about learning about LMP. Makes it very complex. Still nukes getting paid nat gas or even coal pricing, fair markets right

 

A generation stack is a supply curve.