Offline dengan aplikasi Player FM !
Market design - is it time to move away from marginal pricing?
Manage episode 331273161 series 3360740
In this episode, Tom and Emma dive into electricity market design. Marignal pricing is a key concept in electricity market design, with the most expensive unit needed to meet demand setting the price for all generators.
They explain Marginal Pricing and ask whether in a world of rising gas prices and increasing proportions of renewables the marginal pricing principle is still fit for purpose. Could a two phase market work, with a separate 'green power pool' so that pricing is no longer set by expensive fuelled generation? How would this work, and what would the implications be?
25 episode
Manage episode 331273161 series 3360740
In this episode, Tom and Emma dive into electricity market design. Marignal pricing is a key concept in electricity market design, with the most expensive unit needed to meet demand setting the price for all generators.
They explain Marginal Pricing and ask whether in a world of rising gas prices and increasing proportions of renewables the marginal pricing principle is still fit for purpose. Could a two phase market work, with a separate 'green power pool' so that pricing is no longer set by expensive fuelled generation? How would this work, and what would the implications be?
25 episode
Semua episode
×Selamat datang di Player FM!
Player FM memindai web untuk mencari podcast berkualitas tinggi untuk Anda nikmati saat ini. Ini adalah aplikasi podcast terbaik dan bekerja untuk Android, iPhone, dan web. Daftar untuk menyinkronkan langganan di seluruh perangkat.