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Yes but renewables & nuclear suppliers would be willing to deliver for a lot less money. The question I answered was, why is it so expensive when we don't use s
by locallost 4y ago
Yes but renewables & nuclear suppliers would be willing to deliver for a lot less money. The question I answered was, why is it so expensive when we don't use so much gas. The price however gets set by the most expensive supplier. As soon as you need to use gas to deliver electricity, the price skyrockets.
- dkjaudyeqooe 4y ago> The price however gets set by the most expensive supplier. Because that's how the auction works, but it's misleading, it's the cheapest supplier that can deliver the final GW hour required to satisfy the projected load. Other multiparty auctions with a volume requirement work the same way.