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You 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 of
by phicoh 3y ago
You 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.