How Electricity Prices Are Set (The Merit Order Explained) скачать в хорошем качестве

How Electricity Prices Are Set (The Merit Order Explained)

Why do wind farms get paid the gas price, even though their fuel is free? And why did the UK pay £1 billion to turn off perfectly good wind farms? The answer is the physical infrastructure beneath every energy trade: the merit order, the balancing mechanism, and the transmission constraints that create price volatility. In this video: 00:00 The Grid's Heartbeat (50 Hz) 00:25 Why Electricity Can't Be Stored 01:20 The Four Layers of the Grid 02:05 NESO and the Balancing Mechanism 03:10 How Power Plants Generate Electricity 04:10 The Merit Order: How Prices Are Set 05:30 Why Prices Go Negative 06:20 Gas vs Power: Why Gas Is Different 07:10 The £1 Billion Scottish Bottleneck 08:05 The Renewable Transformation 08:45 Next: The Spark Spread This is Part 2 of a series on how energy trading actually works. Part 1 covers why trading exists, forward contracts, hedging, and the revenue stack. The concepts in this video are drawn from a written guide library covering physical foundations, forward curves, spark spreads, position management, settlement, BESS economics, and more. The full guide library is available to members of my Skool community and to students on my energy trading bootcamps: Skool community: https://www.skool.com/careers-in-ener... Bootcamps: https://a115.co.uk/training/ #energytrading #electricitymarkets #commoditytrading #renewableenergy #powertrading