At 6 AM today, you purchased 1 MW of electricity
contract for 12 PM at a price of 100 pounds/MWh. Two
hours later, the forecast for solar generation for 12 PM
has changed from 4 GW to 4.5 GW. The market is
currently bid at 95 pounds/MWh and offered at 105
pounds/MWh. What would you do, and why? Please
answer logically, stating all assumptions. Note that no
additional research is needed.
