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Here's how the price of electricity is set in the EU

Summary by Ground News
Currently, the EU's wholesale market is a system of marginal pricing. That means that all electricity generators get the same price for the power they are selling at a given moment. But the price of electricity varies widely depending on the energy source used to generate it. The cheapest being renewable energy sources while fossil fuels are much more expensive.

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abc broke the news in Spain on Monday, August 8, 2022.
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