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If that were true the price difference would be quickly arbitraged away by energy traders. They would buy this "cheap" energy you speak of and sell it at the "i
by 323 4y ago
If that were true the price difference would be quickly arbitraged away by energy traders. They would buy this "cheap" energy you speak of and sell it at the "inflated" market price, thus converging them to the same price. And yes, they would find a way to bypass the "mandatory fake price".
> Listening to European Electricity Traders Is Very, Very Scary. Keeping the lights on in Europe this winter may prove more difficult than governments are currently admitting.
https://www.bloomberg.com/opinion/articles/2022-08-26/european-energy-crisis-listening-to-electricity-traders-is-very-very-scary https://www.bloomberg.com/opinion/articles/2022-08-26/europe...
- seydor 4y agoIt's not possible, everyone gets the same price. https://www.rechargenews.com/energy-transition/europes-power-markets-are-in-crisis-but-this-is-our-chance-to-reform-them-for-a-green-future/2-1-1211907?zephr_sso_ott=G97NWm https://www.rechargenews.com/energy-transition/europes-power...
- 323 4y agoAccording to this theory the price of energy should be the same in all of Europe, since it's the same mandated price. But it's not according to article graph.
- seydor 4y agothe price of gas sets the marginal price at which power is sold by all generators at any time. Different countries buy different contracts , but they all see skyrocketing prices , at different levels https://energy.ec.europa.eu/topics/markets-and-consumers/eu-energy-prices_en#:~:text=The%20wholesale%20market%20in%20the,selling%20at%20a%20given%20moment https://energy.ec.europa.eu/topics/markets-and-consumers/eu-....