Re:Day ahead electricity prices for EU
by dkjaudyeqooe on Sunday August 28, 2022 @10:45AM
(#32628787)
> The price however gets set by the most expensive supplier.
Because that's how the auction works, but it's misleading, it's the cheapest supplier that can deliver the final GW hour required to satisfy the projected load. Other multiparty auctions with a volume requirement work the same way.
Because that's how the auction works, but it's misleading, it's the cheapest supplier that can deliver the final GW hour required to satisfy the projected load. Other multiparty auctions with a volume requirement work the same way.