BusinessThe PirateIntermediate
Natural Gas Power: The Business of Energy course icon

Natural Gas Power: The Business of Energy

Like Duolingo, but for Natural Gas Power: The Business of Energy. Tomo turns the whole topic into a game you play five minutes a day, until it actually sticks.

For the part of you with thirty open tabs that never became anything.

180 bite-size levelsAbout 5 minutes each

Free during early access · No credit card · iPhone & Android

Gus the Generator
Natural Gas Power: The Business of Energy
with Gus the Generator
180
Levels
8
Sections
5
Min/day
What you'll learn

Key ideas in Natural Gas Power: The Business of Energy

  • The grid operator always buys from the cheapest available source first.
  • Plants are ranked from lowest to highest price in a merit order.
  • Plants that are too expensive are not 'cleared' or selected to run.
  • A plant only makes money if its bid is low enough to be accepted.
  • Bids must be submitted before the operator can rank them.
  • Higher demand requires the operator to call on more expensive plants.
  • The consequence of bidding above the market clearing price
  • The operator only notifies plants after the cheapest mix is found.
  • The sequence of the daily power auction
  • The price for everyone is set by the most expensive plant needed.
  • Why electricity prices fluctuate during the day
  • Fuel is the primary cost that determines a plant's minimum bid.
  • Starting and running a plant creates maintenance costs that must be covered.
  • Factors a plant owner considers when setting a bid price
  • The operator acts as a neutral referee for the auction.
  • The owner's main job is managing the financial risk of the bid.
Why not just Google it

You've tried the other tabs

Wikipedia

Thirty open tabs. Four facts you actually kept.

YouTube

You watched. You nodded. By Sunday it was gone.

ChatGPT

One answer, then back to scrolling.

Online courses

Eight weeks. You meant to finish. You didn't.

Tomo gives Natural Gas Power: The Business of Energy the Duolingo treatment: levels, streaks, and quick quizzes that test what you just learned. That game loop is what the tabs above never had, so it's the one you actually finish.

Try a question

Here's what playing it feels like

A real question from this course. Take your best guess.

Charting the Merit Order

When the operator lines up all the ships in the harbor by their price, what do we call this ranked list?

Get it right to open this lesson and 179 more in the app.

Course map

Where Natural Gas Power: The Business of Energy takes you

Master the economics of modern power generation. Learn how plants turn fuel into profit, navigate volatile markets, and balance the grid in a changing energy landscape.

  1. 1

    Winning the Daily Auction

    • How Plants Sell Electricity to the Grid
    • The Merit Order: Why Some Plants Run and Others Sit
    • Bidding Strategies for Peak Demand
    • Capacity Payments: Getting Paid Just to Exist
    • Ancillary Services: Selling Stability, Not Just Power
  2. 2

    The Math of Profitability

    • Calculating the Spark Spread
    • Heat Rates: Measuring Fuel Efficiency in Dollars
    • Fixed vs. Variable Operating Costs
    • The Cost of Starting and Stopping
  3. 3

    Managing Fuel and Supply Chains

    • Securing Pipeline Space and Firm Transport
    • Hedging Against Gas Price Spikes
    • Storage Strategies for Winter Reliability
    • The Impact of Local Gas Hub Pricing
    • Dual-Fuel Capabilities as a Safety Net
    • Liquefied Natural Gas and Global Price Links
  4. 4

    Operating in a Green Energy World

    • The 'Duck Curve' and the Need for Speed
    • Partnering with Wind and Solar Farms
    • The Economics of Carbon Credits and Taxes
    • Retrofitting for a Lower-Carbon Future
  5. 5

    Building and Financing the Plant

    • Power Purchase Agreements: The Long-Term Contract
    • Merchant Plants: Taking the Market Risk
    • Permitting Hurdles and Community Relations
    • Decommissioning and Site Life Cycles
    • Attracting Private Equity and Infrastructure Funds
  6. 6

    The Machinery of Money

    • Simple Cycle vs. Combined Cycle Economics
    • Maintenance Cycles and Major Overhaul Budgets
    • Degradation: When the Plant Gets Tired
    • The Role of Digital Monitoring in Profit
  7. 7

    Navigating Policy and Regulation

    • Regulated Utilities vs. Competitive Markets
    • Environmental Compliance and Scrubbing Costs
    • Grid Operator Rules and Reliability Standards
    • The Future of Gas in National Energy Portfolios
    • Lobbying and the Regulatory Landscape
  8. 8

    Advanced Market Dynamics

    • Locational Marginal Pricing: Why Location is Everything
    • Congestion Charges and Transmission Constraints
    • Virtual Trading and Financial Power Markets

8 sections · 36 units · 180 levels. Built to play, not to enroll.

How it's taught

You pick the voice

This course
The Pirate

Natural Gas Power: The Business of Energy is taught in the The Pirate style: arr, learning be an adventure!. Want a different feel? In the app you can spin up the same topic in any of Tomo's teaching styles. Same facts, totally different vibe.

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Start Natural Gas Power: The Business of Energy today.

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