Re:Day ahead electricity prices for EU
by dkjaudyeqooe on Sunday August 28, 2022 @09:51AM
(#32628384)
Yeah but that's how the market pricing works, it's a function of the auction process. Everyone pays the price required to satisfy the demand. See stock opening and closing auctions for a similar process. It feels odd that sellers get the higher price but it makes sense ultimately.
The margin price in that market is the marginal cost of a GW hour by for the last GW that satisfies the load required (demand).
The margin price in that market is the marginal cost of a GW hour by for the last GW that satisfies the load required (demand).