4 ms·
> It works, but the benefit isn’t usually to the consumers despite that being the intention. That was never the intention. The intention of the current iterati
by username332211 3y ago
> It works, but the benefit isn’t usually to the consumers despite that being the intention.
That was never the intention. The intention of the current iteration of EU electricity markets is to allow wind and solar electricity to be sold at the same price as power-plant electricity.
Wind and solar producers have virtually 0 marginal costs and make electricity at an unpredictable schedule. If there was no market and they had to negotiate long-term contracts with utilities and consumers, the price of their electricity would have been quite a lot cheaper than thermal and hydroelectric plants that produce electricity on demand.