Electricity trading: move back towards marginal cost pricing?

Ofgem consultation (133 pages, PDF) on National Grid proposal P194 to change the calculation of the main electricity imbalance price in the BETTA settlement arrangements to be closer to a marginal cost measure. Ofgem is minded to require that this change be made, despite opposition from the great majority of participants in the settlement arrangements. Responses by Thursday 23 February 2006.

For further information or advice please contact Franck Latrémolière.

Filed under BETTA, Electricity, Ofgem.

Reckon LLP is an economics consultancy with expertise in data analysis, economic regulation and competition law.

About Reckon