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the electric power potential. It therefore follows that a farm will only be interested in having capacity in excess of EPP if this allows them to burn more gas at times when it receives a higher price. o Proposition 1 establishes that without regard to capacity, a farm facing ps>pb will sell all its power at the maximum price ps. There is no incentive to selectively time generation here, as the value of generated electricity is not time-sensitive. o Now, if ps