3 ms·
Huh? We're not talking about when prices go to zero, we're talking about when prices are high. Suppose I'm a wind farm with a strike price of £75 and thanks to
by tialaramex 3y ago
Huh? We're not talking about when prices go to zero, we're talking about when prices are high.
Suppose I'm a wind farm with a strike price of £75 and thanks to high gas prices the current wholesale electricity price is £150 per MWh. I can (and certainly will) sell my wind electricity, but I have to pass £75 of the £150 back to the Low Carbon company.