Power play

Power play

The impact of capacity changes on electricity prices

By early 2003, wholesale market prices for electricity in England and Wales had fallen to levels well below the long term cost of production. What will it take to drive them up again? Modelling work by Frontier Economics enables market participants, and those considering the purchase of the many generating assets currently up for sale, to arrive at answers to this big question - by estimating the impact of future capacity changes on both costs and prices.

Power play