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Ben Watts

Ben Watts

Aug 19, 2026

34:29
[laughs]
34:29
Um, but like, you know, like, um, that's kind of the dynamic of it.
34:33
They have lots and lots of solar, um, and we get that at a cheap price.
34:38
But we've still got a grid that has kind of transmission constraints around the southeast and between the southeast and the rest of the country, and there are kind of these dynamic constraints around some of the traditional kind of gas plant that means they have to spend a certain amount of time warming up.
34:58
Um, they want to run for a certain number of hours.
35:02
And the kind of marginal price, half hourly or 15-minute kind of settlement period model doesn't always completely neatly map on, onto those and, and bring gas plants and schedule them to turn off in the right part of the country, um, on the right dates.
35:20
Um, because the signals you get from the efficiency of the plant and the dynamics and the day-ahead market won't necessarily map onto, I don't know, having enough plants on, say, around the Thames Estuary or something like that to, to deal with, um, fluctuations in the, the interconnectors.

9 MINS LATER

44:17
[laughs]

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