> The marginal producer makes no profit This isn’t a farmers market where individual actors can swiftly respond to supply and demand. This stuff has decades of

> The marginal producer makes no profit This isn’t a farmers market where individual actors can swiftly respond to supply and demand. This stuff has decades of lead time, is full of regulations and thus long term imbalances. Nor is this a case of marginal anything. Gas is almost TRIPLE the price [0]. A normal functional efficient market like you have in mind would adjust to that sort of enormous profitability differential, the uk market has not. https://www.nationalgrid.com/the-great-grid-upgrade/fact-or-fiction https://www.nationalgrid.com/the-great-grid-upgrade/fact-or-...