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Report suggests radical change in electricity market
Summary by End Fuel Poverty Coalition
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1 Articles
Report suggests radical change in electricity market
A new report from Greenpeace has exposed just how much control fossil gas still has over our electricity bills. Despite making up less than 40% of our power supply, gas-fired power stations set the market price nearly every half hour — inflating costs for households and businesses alike. This happens because of the way our electricity market is designed: a system called marginal pricing, where the most expensive generator sets the price for ever…
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