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| Name | Electricity Markets 101 - The Energy Academy (Series Two) |
| Video Uploader | Video From Modo Energy |
| Upload Date | This Video Uploaded At 01-03-2023 16:53:18 |
| Video Discription | Welcome to The Energy Academy by Modo! Looking for Series One? Head to: https://youtu.be/gxI4AdhEbHo Anyway, in this series, I’ll be introducing the commercial aspect of the electricity system - so Great Britain’s electricity market. By the end of this course, you’ll understand: 💸 The conditions that go into determining - or “setting” - the price of electricity. 🦤 The general evolution of electricity markets in Great Britain - from nationalisation to privatisation. 🛒 How the wholesale market for electricity in Great Britain works, at a high level. 📘 A whole load of super important vocabulary: like short-run marginal cost, generation stack, CAPEX, baseload, merit order, and more! ⛹️ The main players involved in ensuring that the market runs smoothly. 🧩 And how all of these things fit together. Want to learn more? Head along to Phase: https://platform.modo.energy/phase Episodes: 00:00 - What you'll learn 01:33 - CAPEX vs. short-run marginal cost 04:06 - What is the 'generation stack'? 06:29 - Setting the electricity price 10:27 - The evolution of Great Britain's electricity market 15:18 - The wholesale market 18:42 - Series recap |
| Category | Entertainment |
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