4 ms·
Electricity is a bit more complicated in Europe since a lot of the national grids are interconnected. German prices, and some other European ones afaik, are de
by mschild 3y ago
Electricity is a bit more complicated in Europe since a lot of the national grids are interconnected.
German prices, and some other European ones afaik, are determined by the merit order principle.
https://www.ostrom.de/post/the-merit-order-and-how-it-affects-electricity-prices https://www.ostrom.de/post/the-merit-order-and-how-it-affect...
- phicoh 3y agoYou cannot say that there a certain price for electricity. There are spot markets, which are quite transparent, which is why the prices from spot markets are often quoted. The spot markets indeed often use merit order. But there are many more ways to trade electricity. And, for example, in The Netherlands only about one third of electricity is traded on the spot market.