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In an energy market, contracts are signed for months an/or years. If France thinks it has plenty of gas supply, it can agree to sell electricity capacity to oth
by lbriner 5y ago
In an energy market, contracts are signed for months an/or years. If France thinks it has plenty of gas supply, it can agree to sell electricity capacity to other countries, when the gas goes away, they can't just cancel the contracts.
- kragen 5y agoThere do exist multi-year and even multi-decade PPAs, but an enormous amount of power is bought and sold in the day-ahead and even 15-minute spot markets. The article we're commenting on actually has a graph of prices in the day-ahead market; maybe you missed that.