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01 Oct
15:55

UK power price volatility here to stay: ING Think

The UK’s power price volatility is acute and it is unlikely to go away soon as the country transitions towards renewables, Kallanish learns from ING Think. Developed Markets economist James Smith and senior economist Gerben Hieming said in a note last week the power price spike in the country is exposing the challenges of net-zero electricity and a carbon neutral future. Wholesale power prices in the UK are currently double what they have been in the past d…
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