deadbeef79000@lemmy.nz to Aotearoa / New Zealand@lemmy.nzEnglish · 4 months agoPressure on power companies to act as energy woes mountwww.rnz.co.nzexternal-linkmessage-square36fedilinkarrow-up148arrow-down10file-text
arrow-up148arrow-down1external-linkPressure on power companies to act as energy woes mountwww.rnz.co.nzdeadbeef79000@lemmy.nz to Aotearoa / New Zealand@lemmy.nzEnglish · 4 months agomessage-square36fedilinkfile-text
minus-squareIlovethebomb@lemmy.nzlinkfedilinkarrow-up5·4 months agoThe short version is it’s an auction, retailers and large users bid against each other on the spot market. There’s also stuff like futures contracts etc.
The short version is it’s an auction, retailers and large users bid against each other on the spot market. There’s also stuff like futures contracts etc.