Birdwatch Note Rating
2024-12-16 02:18:49 UTC - HELPFUL
Rated by Participant: A4F70D9754F922E193FBE768285CB77D8BB3167AE72AD5B13545CD518D3B2A7A
Participant Details
Original Note:
In the UK, electricity prices are set using a "marginal cost pricing system" that's based on the most expensive method needed to meet demand. The most expensive energy generation currently being used is gas. https://commonslibrary.parliament.uk/why-is-cheap-renewable-electricity-so-expensive/#:~:text=Under%20the%20'marginal%20cost%20pricing,of%20electricity%20from%20various%20sources. https://www.ofgem.gov.uk/energy-data-and-research/data-portal/wholesale-market-indicators
All Note Details