What is the merit order?
Excerpt from our gas ebook!
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par - Article
- Publié le 15/09/2023
Our latest video explores the Merit Order, a key economic model in the energy industry. It enables power producers to prioritize their assets based on marginal costs, ensuring efficient energy production.
Understanding the Merit Order is crucial for optimizing energy assets. Cheaper assets like renewables are used first, driving down prices during high generation. When demand peaks, costlier assets kick in, maintaining a stable power supply.
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