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EEX released numbers for September which show the average price of baseload electricity dropping to 4.47 c/kWh (from 5.26 c/kWh in September 2011), and that of peak load to 5.47 c/kWh (from 6.24 c/kWh), a development IWR is fully justified to credit to the increase in renewables (as discussed several times this year on ET). However, IWR attacked EEX for calculating the average for peak load solely on the basis of trade for workday and holiday peak load, and said the real average (including trade for Saturdays and Sundays) was just 4.92 c/kWh. *Lunatic*, n. One whose delusions are out of fashion.
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