>>RobinL+(OP)
One thing that I find hard to understand is how the electricity prices in the UK have gone up so dramatically (blaming gas prices) when a large amount of the electricity is not generated from gas. Is the price being artificially inflated?
>>nategu+e8
The way it works in the EU—not sure if the UK participates in this market still?— is that every energy source is priced according to the most expensive energy source until demand is covered by supply.
So, for example, on particularly windy days here in Denmark, we pay almost nothing as our entire demand will be covered by wind energy. On other days we might pay a lot since we need to import energy produced from gas or other expensive sources.