A Challenging Start To Summer: Lack of Harmony Between Non-Commodity and Commodity Costs

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A challenging start of the summer season for gas – spot prices higher than FebruaryGas runs 60% of power production, so what’s the impact considering negligible amount of wind Are NCC costs not being harmonised correctly with commodity costs and impacting an increase in both? Competing Auction Platforms in the UK sees £2000 an hour for balancing costs – Is this in any way acceptable? Carbon markets remain dysfunctional due to an imbalance between actual participants and speculators