Birdwatch Note Rating
2024-12-15 20:05:51 UTC - HELPFUL
Rated by Participant: D9BB28E4613FFF1990875C671D7B4233F415A26D53E9FEE04CE1DA56CF824BFB
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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
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