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W3C - Electric Power
Topics: General: W3C - Electric Power

Andy

 Friday, August 2, 2024 - 07:49 am Click here to edit this post
The price setting for Electric Power delivered to countries is now largely based on the market price.
It will become firmly the market price in the next upgrade.
It is the correct way to do it but it brings a large risk of instability as income from wind energy will fluctuate.

The base price continues to drop and it makes electric power less dominant than before and contributes to the profitability of corporations.

Currently, it seems that several players are dumping EP on the market in large quantities and are creating over supply.
The market price is at the base price level or even lower.

we know that some players used an exploit several weeks ago and used a lot of funds to buy EP.
The exploit is repaired but EP remained in large quantities.

we do not think that this can continue for very long.

The market has a shortage of EP.
The use of EP on monthly base is larger than the production capacity and shortages are due to return.

Long term, the growing number of wind farms nay catch up with the use of EP.

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