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Interesting read, I was wondering what happened that day. As an operator of a small network of fastchargers, we were delighted to have a purchase price of negat
by neals 3y ago
Interesting read, I was wondering what happened that day. As an operator of a small network of fastchargers, we were delighted to have a purchase price of negative 20cent per kw. Which is huge.
- flipbrad 3y agoWe often read (even in this blog post) that these wholesale prices often don't impact consumers (who tend to pay a more fixed rate), but how true is that of entities in your space - did you immediately profit from the reduced rates (to their full extent), or was that mostly absorbed by some other middleman, hedging, etc?
- jonatron 3y agoAs a consumer in the UK, the last time I got paid to use electricity was 11 April 2023. See https://agileprices.co.uk/ https://agileprices.co.uk/ for how much I got paid per kWh and when.
- phicoh 3y agoThere is one thing to keep in mind. Day-ahead prices are often quoted because they are public and objective. But day-ahead trading, at least in The Netherlands, is only about 30% of the electricity market. If you look at consumers, only a tiny minority has an electricity contract that is directly based on day-ahead prices.
- neals 3y agoI'm afraid I'm the middleman here. Profit went straight to us, consumer still paid the 0.70/kw. I have to say that we are implementing dynamic pricing and want to have fixed margin of 0.30/kw, I believe we will be the first medium sized operators who will have full price transparency. We are going to be publishing 'tomorrows' prices on our website, even.