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Market design - is it time to move away from marginal pricing?
Manage episode 331273161 series 3360740
Contenuto fornito da The Substation Podcast. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da The Substation Podcast o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.
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 episodi
Condividi
Manage episode 331273161 series 3360740
Contenuto fornito da The Substation Podcast. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da The Substation Podcast o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.
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 episodi
Alle episoder
×
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This is the audio podcast version of Troy Hunt's weekly update video published here: https://www.troyhunt.com/tag/weekly-update/
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continue reading
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continue reading
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