There is a bit about locational pricing here,
https://camelot-forum.co.uk/phpBB3/view ... 423#p44423
At the AGM last night it was stated that the current favoured option by the government was Zonal, we know the more complicated Nodal has already been ruled out.
Sarah explained that, in each zone the generating capacity would be compared with the consumption in that zone and the ratio will dictate the maximum leccy price that a generator can sell the leccy for. I don't know if that would be a fixed thing and reviewed periodically or a dynamic price depending on live conditions. At the moment its a single price nationwide.
The idea is that consumers who live in the areas with most generation will benefit from cheaper leccy prices and will provide incentives for industry to move there to take advantage of cheaper leccy. Likewise it will also incentivise more building of renewable generation in the south.
I'm not that bothered about locational pricing as its been known for a long time and makes sense for local people to benefit from cheaper energy prices. I see the potential changes to the Coop rules to be more of an existential threat and something I previously knew nothing about. It also begs the question when did Ripple know about these potential changes as its the first time they have mentioned them.
