| ▲ | Magnets a day ago | |
how does the wholesale price of gas explain how the UK is the most expensive in the world/europe? | ||
| ▲ | thebruce87m a day ago | parent [-] | |
tldr: Marginal Pricing https://www.carbonbrief.org/qa-why-does-gas-set-the-price-of... > In the UK, the marginal unit is almost always a gas-fired power plant. As a result, one widely cited academic analysis found that gas set the price of power 97% of the time in the UK in 2021. | ||