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#locationalmarginalpricing — Public Fediverse posts

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  1. This is an excellent explanation of locational marginal pricing - a concept in the energy world that regularly comes up in debate. The UK seems to be making progress towards this market design.

    (NB: not all of us will have positive connotations with Uber and it's driver allocation algorithm - a key difference here would be that it's not a single company hoarding power, but a neutral and truly independent market maestro).

    es.catapult.org.uk/insight/ube
    #LMP #LocationalMarginalPricing #Electricity