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market tightness
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Energy storage and flexibility
Australian Chart of the week | Push it to the limit: the evolution of MPC & market tightness
With summer officially starting last Tuesday, the National Electricity Market (NEM) is about to go through the season that typically has the highest demand. Market tightness usually seen during summer sometimes pushes power prices to their maximum level – the Market Price Cap (MPC) – currently set at $15,000/MWh. In...
