Re:Day ahead electricity prices for EU
by the_mitsuhiko on Saturday August 27, 2022 @10:09AM
(#32619208)
That’s not entirely true. The prices of the underlying different electricity sources is different but they can’t be traded separately. As a result the market is very dysfunctional.
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Re:Day ahead electricity prices for EU
by dkjaudyeqooe on Saturday August 27, 2022 @09:17PM
(#32624824)
> As a result the market is very dysfunctional.
You're stating that without evidence, but the kind of auctions that the electricity market requires are similar to opening auctions for stocks. Would you claim they're very dysfunctional?
Re:Day ahead electricity prices for EU
by the_mitsuhiko on Sunday August 28, 2022 @05:28AM
(#32626971)
The kind of trades that are currently happening in Europe for electricity are removed from the reality on the ground. You can look through this Twitter thread for some good commentary on what is happening: https://twitter.com/yakutsavas/status/1563529006997450752?s=...
Re:Day ahead electricity prices for EU
by dkjaudyeqooe on Sunday August 28, 2022 @09:47AM
(#32628352)
Probably, but that's evidence of a free market in operation, craziness happens sometimes but it sorts itself out. There is a massive supply squeeze, these things are to be bound to happen.