US EditionThe Measurement of Electricity Prices Is Changing – What You Need to Know About Quarter-Hour Pricing
5 Articles
5 Articles
Larger fluctuations – and risk of higher prices. Both quarter prices and Norway prices are being introduced, while price differences between the electricity areas are expected to continue. This is what the electricity market looks like ahead of the autumn and winter.
The Measurement of Electricity Prices Is Changing – What You Need to Know About Quarter-Hour Pricing
The price of exchange-traded electricity will soon be determined every 15 minutes, in real time, on the electricity market. The change will particularly affect exchange-traded electricity customers.
The electricity market is being adjusted to be more suitable for production. Finland already switched to a 15-minute imbalance settlement period last year.
The reform will introduce 96 prices per day into the electricity exchange, but it is not expected to increase the average price or increase large price fluctuations.
The schedule for quarter-hourly prices was confirmed today. Exchange electricity customers' contracts will change automatically.
Coverage Details
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
