alt Hacker NewsIt's because of the rules of the European Energy Market where all electricity has to be as expensive as the most expensive source.
So as soon as Germany lights up their gas powerplants, that follow gas prices (wars, etc), French nuclear electricity has to be sold for the same price.
Replies
Qwertious • yesterday at 8:22 PM
>It's because of the rules of the European Energy Market where all electricity has to be as expensive as the most expensive source.
Are you talking about the marginal cost? Don't blame the govt, blame the economics textbook.
> rules of the European Energy Market where all electricity has to be as expensive as the most expensive source.
aren't all/most electricity market working this way (pricing based on marginal price, aka pay-as-clear)?
pay-as-bid has other potential issues and might not be better.