Operations

Peaker Plants: What They Are and Why They Still Exist

Peaker plants run only a few hours per year during grid stress. How they work, why they still exist, and how batteries are replacing them.

Peaker plants are the emergency backup generators of the grid. They sit idle most of the year and start up during peak demand or grid stress. This guide covers how they work, why they still exist, and how batteries are replacing them.

What peaker plants actually are

Peaking power plants (peakers) are generators designed to run only during high demand periods, typically 5 to 15 percent of the year. They start up quickly, run at high cost per MWh, then shut down when demand falls. Base load plants run continuously; peakers run only when needed.

Types of peaker plants

TypeNotes
Simple cycle gas turbine (SCGT)Most common. Fast start. Aircraft derivative design typical.
Reciprocating engine (RICE)Large diesel or gas engines. Very fast start.
Oil firedLegacy plants; declining.
Combined cycle in peaking modeLarger plants running less efficiently.
Hydro (pumped or reservoir)Very fast response; environmental depends on site.
Battery storageIncreasingly displacing gas peakers.

Why peakers exist

ReasonNotes
Peak demandSummer AC or winter heating peaks
Grid contingenciesBackup when other plants trip
RampingSolar sunset rapid load pick up
Ancillary servicesFrequency response, reserves
Cold snap resilienceExtreme weather events
Local reliabilityTransmission constrained areas

Operating characteristics

100 to 500 MW
typical size
5 to 15 min
start time
100 to 500
hours per year typical operation

Peaker economics

Key insight. Peakers earn very little on energy sales because they run so few hours. They make most revenue from capacity payments (payment for being available) and ancillary services (frequency response, reserves). When capacity payments are high, peakers thrive. When batteries can provide the same capacity cheaper, peakers lose money.

Costs

Cost elementNotes
Capital costUSD 700 to 1,500 per kW
Fuel costNatural gas mostly; high volatility
Efficiency25 to 40 percent (lower than baseload)
Cost per MWh generatedUSD 150 to 400 (very high vs baseload)
Emissions per MWhHigher than combined cycle gas

Batteries replacing peakers

Grid batteries with 2 to 4 hour duration are increasingly cheaper than new gas peakers on a lifecycle basis. Faster response, no emissions, and lower operating cost. California, Texas, and other markets seeing rapid battery deployment displacing peaker retirements.

Notable peaker retirements

  • Ravenswood NYC: battery replacement in progress.
  • Multiple California retirements.
  • Astoria peaker retirement replaced by battery.
  • PJM peaker retirements continuing.

Environmental impact

Common trap. Peakers often located near cities and low income neighbourhoods. When they run (often during summer heat waves), they emit NOx and particulate matter contributing to local air quality problems. Environmental justice concerns increasingly driving peaker retirement policy.

Reliability role

Peakers provide operating reserves for grid contingencies. When a generation unit trips, reserves must respond within seconds to minutes. Peakers and batteries both provide this service.

Cold weather reliability

Texas 2021 winter storm exposed reliability failures when peakers themselves froze. Weatherisation and fuel supply reliability critical. Batteries can complement but not fully replace fuel based capacity during extended cold.

Solar sunset ramping

Solar generation falls rapidly at sunset while evening demand rises. Steep ramp requires flexible generation. Batteries increasingly filling this role; peakers historically dominant. See our companion article on the duck curve.

Capacity markets

Capacity markets in PJM, MISO, NYISO, ISO NE, and others pay generators for being available. Peakers rely on capacity payments for revenue. Market design changes significantly affect peaker economics.

Where peakers are going

  • Continued retirement in high battery deployment markets.
  • New peaker construction rare.
  • Existing peakers continuing operation on capacity payments.
  • Cold weather reliability role continuing.
  • Long duration storage may eventually replace multi day peakers.
  • Hydrogen fired peakers emerging.

Hydrogen peakers

Some peakers being designed for hydrogen or hydrogen blend fuel. Enables clean peaking capacity. Currently pilot scale. See our companion article on green hydrogen.

Global peaker landscape

Peakers most common in developed markets with high peaks. China rapid growth adds significant peaker demand. Europe has significant peaker fleet. Emerging markets often use diesel generators as informal peaking.

Local issues

Environmental justice groups increasingly opposing peaker permits. Communities in New York City, California, and elsewhere pushing for battery replacement of urban peakers. Growing consideration in regulatory decisions.

Frequently asked questions

What is a peaker?

Power plant that runs only during peak demand or grid stress.

How often do peakers run?

5 to 15 percent of the year typically.

Are peakers profitable?

Mostly from capacity payments not energy sales.

Are batteries replacing them?

Yes in high storage markets.

Do peakers pollute?

More per MWh than baseload. Concentrated in urban areas.

What is a capacity market?

Market paying generators for being available for reliability.

Are hydrogen peakers coming?

Emerging technology. Pilot scale.

Why not just batteries?

Battery duration limits (2 to 4 hours typical). Extended shortages need generation.

Do peakers cause blackouts?

They prevent them by providing reserves. Failures can contribute to blackouts.

Where can I read more?

PJM, NYISO, ERCOT market monitors.

Summary

Peaker plants run only during peak demand or grid stress. Simple cycle gas turbines dominate. They earn revenue from capacity payments and ancillary services rather than energy sales. Batteries increasingly displacing gas peakers on cost and performance. Cold weather resilience and multi day shortage response still favour fuel based capacity. Hydrogen peakers emerging. Environmental justice concerns driving urban peaker retirement.

Next reading

See the assets in this article

Explore 177,000+ utility infrastructure sites

Locations, capacity, operators, and permits across 24 sectors: the same records our writers pull from.

Start browsing
UT
Written by
UtilityRadar Team

Operations guides from the UtilityRadar team.

← Previous
How Utility Rates Get Set: The Rate Case Explained
UtilityRadar
More
Press Esc to close · Browse by sector