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Factors Affecting Prices in Electricity Markets #electricityprices
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The price of energy in electricity markets is determined by variety of factors on both the demand and supply side out of the house.
On the demand side, also known as load, activity in the economy, how efficiently consumers utilize energy, and the weather are common factors.
On the supply side, also known as generation, availability of fuel and fuel cost, construction costs, fixed costs like depreciation, insurance, interest payments, and property taxes all drive the price of energy on the supply side.
#electricityprices
5 Friday Favorites is a weekly newsletter covering the latest renewable energy, travel, books, quotes, music, and articles I’ve come across in the last week.
On the demand side, also known as load, activity in the economy, how efficiently consumers utilize energy, and the weather are common factors.
On the supply side, also known as generation, availability of fuel and fuel cost, construction costs, fixed costs like depreciation, insurance, interest payments, and property taxes all drive the price of energy on the supply side.
#electricityprices
5 Friday Favorites is a weekly newsletter covering the latest renewable energy, travel, books, quotes, music, and articles I’ve come across in the last week.
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