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Balancing market fuels UK power price surge

PowerRenewables

14 Sept 2021 14:15

London

14 Sept 2021 14:15

(Montel) UK power generators sitting out of the wholesale market to achieve higher prices in the national balancing mechanism (BM) in so-called arbitrage trades are helping to fuel record price growth, market participants said this week.

“It would appear that this has been a very strong driver, the placi...…

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