Blink, and you could have missed it. Last Friday, Energy Ministers ended one of the most protracted and acrimonious debates in the National Electricity Market (NEM). Quietly but unequivocally, ...
Energy experts have argued that a proposed reform to the wholesale electricity market being explored by National Grid and Ofgem, called locational marginal pricing, could cut costs. Energy Systems ...
Marginal pricing is when a business sells a product at a price that covers its manufacturing costs but not its overhead. The benefit of marginal pricing is that the lower price point increases ...
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