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> provides an immediate customer for excess base power

It’s a reservoir. It doesn’t need anchor customers. To say nothing about the costs of being crypto affiliated to the company and region.

Many, many hydro plants operate run-of-the-river and have no significant resivour. These plants simple generate or spill what comes down the pipe.

> many hydro plants operate run-of-the-river and have no significant resivour

Williston Lake is the largest lake in British Columbia [1].

Thanks for the additional context in this example. You're right that there are additional drawbacks if a finite reservoir is required.