# Tag Info

As alexis0587 said, with any gross producer margin (GPM) spread, you capture the differential of outputs less inputs since that reflects your profit for running the plant: $$\pi = p_e-p_{ng}-p_h-\kappa$$ where $\pi$ denotes profit, $p_e$ electricity price, $p_{ng}$ energy-equivalent factor adjusted natural gas price, $p_h$ equivalent factor adjusted ...