Yes, I believe that the price was correct, as a short term peak, not an average.

We need more energy storage, and more renewable capacity to fill that storage. A new and very large pumped storage scheme is proposed at Coire Glas in Scotland, if built such a scheme would avoid paying such high prices for short notice peak power.

Yes, I believe that the price was correct, as a short term peak, not an average.

We need more energy storage, and more renewable capacity to fill that storage. A new and very large pumped storage scheme is proposed at Coire Glas in Scotland, if built such a scheme would avoid paying such high prices for short notice peak power.