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submitted 2 years ago by deadbeef79000 to c/newzealand

Remember when we were told that privatisation of power generation would lower prices?

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[-] Ilovethebomb 5 points 2 years ago

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.

this post was submitted on 11 Aug 2024
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