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Is this electricity price correct?

From the Drax dashboard

if my maths is right £2,900/MWh is 290p/kWh!

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  • I'm guessing not. It does, however, appear to be the same as is reported by Elexon on their Open Settlement Data portal.

    Flicking back as far as 2023 these values would be anomalous, but theoretically I suppose it's possible if higher-than-expected demand has caused someone's reserve bid to be triggered.

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  • I'm guessing not. It does, however, appear to be the same as is reported by Elexon on their Open Settlement Data portal.

    Flicking back as far as 2023 these values would be anomalous, but theoretically I suppose it's possible if higher-than-expected demand has caused someone's reserve bid to be triggered.

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