The method of PFC I am familair with envolves matching the power produced to the power comsumed. Thus if grid comsumes more than is produced, frequency droops, ST governor opens CVs, boiler firing increased, ST's generator makes more power to matched comsumed power.
I think you are asking. "can the boiler power be held constaint and the turbine power to its generator be varied to match grid comsumption?" or in other words "vary the turbine efficency to change load."
If the unit has an extraction process than can be varied, then it could be used to shed or increase turbine power to its generator.
It becomes very interesting question if the extractions are only to feed water heaters and some one more expertise in thermodymatics of the boiler-feedwater cycle will need to jump in.
But my thinking would be that the base load cycle should be at its most efficeint arrangement. Responding to to a frequency increase the cycle efficiency can be lowered by dumping some steam to condensor (then the $ paid for fuel will be going to heat the enviroment) Responding to a frequency decrease, limiting extraction to a heater to get an increase in flow through the turbine to make more MWs would result in a loss of boiler efficiency due to the cooler feed water and the MW inrease would decay away, plus a little more. It would think the temperary MW increase would only be for a few seconds.
It looks like a PFC which does not effect fuel consumption rate, would effect the plant's heat rate ($/MW).
Since one of my primary jobs is the sequencing of CVs to achieve linear load responds (and optimun efficency)I think this question is very interesting.