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You should also consider that the whole idea of a network of large independent system operators is part of the reason why power can be cheap in the US - you can
by idiotsecant 5y ago
You should also consider that the whole idea of a network of large independent system operators is part of the reason why power can be cheap in the US - you can dispatch the most economically viable generation source over a wide area. The UK is roughly equivalent to a mid-sized US state in terms of energy market (roughly half the market of California, for example). Having the UK act as it's own electrical balancing authority and responsible for it's own power contracts is remarkably inefficient. The prices reflect that. In a sane world all of Europe would be under a common balancing authority that could dispatch power economically based on the generation and load across the entire region. The US is moving in this direction, we've already got several very large BAs and will eventually be under a single authority or a few very large regional authorities.
This is one of those many cases where the politics of the situation and the physics of the situation go to war and the politics wins.
- londons_explore 5y agoThe UK already has power interconnects with lots of Europe, and all trading is done in a half-hourly market, so effectively a power generator in greece is competing with a power generator in scotland on price. Obviously as soon as the interconnects are full to capacity, that is no longer the case...
- nicoburns 5y ago> In a sane world all of Europe would be under a common balancing authority that could dispatch power economically based on the generation and load across the entire region There are some pretty solid geographical reasons why the UK the isn't tied into the European grid (more than by a few interconnects).