Comment Comment by barrkel Profitable compared to what, that provides base load?If energy prices are too high, industry suffers. If you let the price rise, maybe China just eats your lunch.What's the option value vs risk of gas price rises? Gas sets the marginal price of electricity in Italy today for 60% of the year [1][1] https://www.terna.it/DesktopModules/AdactoBackend/API/direct... "However, the electricity system remains significantly exposed to gas price volatility, which in 2024 determined electricity prices for more than 60% of the hours." parent barrkel 1 month ago
If energy prices are too high, industry suffers. If you let the price rise, maybe China just eats your lunch.
What's the option value vs risk of gas price rises? Gas sets the marginal price of electricity in Italy today for 60% of the year [1]
[1] https://www.terna.it/DesktopModules/AdactoBackend/API/direct... "However, the electricity system remains significantly exposed to gas price volatility, which in 2024 determined electricity prices for more than 60% of the hours."