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No, I wasn't talking about retail pricing. I was talking about the spot market prices being determined by the most expensive generator (gas). https://en.wikipe
by oezi 2y ago
No, I wasn't talking about retail pricing. I was talking about the spot market prices being determined by the most expensive generator (gas).
https://en.wikipedia.org/wiki/Electricity_market#Bid-based,_security-constrained,_economic_dispatch_with_nodal_prices https://en.wikipedia.org/wiki/Electricity_market#Bid-based,_...
- tialaramex 2y agoBut, that page insists the UK does not use this system. So, why link it and then say this is what the UK does ?
- rcxdude 2y agoThe UK does use that system, but it's only one price for the whole country.