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Homework answers / question archive / In Great Britain, the electricity system operator publishes a wind generation forecast of 14 GW for 7 PM on the next day
In Great Britain, the electricity system operator publishes a wind generation forecast of 14 GW for 7 PM on the next day. On the morning of the next day, the electricity system operator revised its wind generation forecast for 7 PM down from 14 GW to 11 GW. Do you expect the wholesale electricity market price for 7 PM to increase or decrease at this time? Explain your answer