4 ms·
No one pays that. This is the realtime spot price, which is only paid by retailers who have an "oh shit" problem with their advanced purchasing. (I should not
by jhayward 7y ago
No one pays that. This is the realtime spot price, which is only paid by retailers who have an "oh shit" problem with their advanced purchasing. (I should note, there are actually retailers who will sell you spot priced power, should that be your desire).
The vast, vast majority of power is purchased years (via PPAs) to days ahead of time at much more reasonable and stable prices.