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Cake day: July 7th, 2023

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  • This would likely end up hurting consumers more than RWE, because the “merit order” pricing system sets electricity prices depending on the production cost of the most expensive unit of electricity that is being consumed at a given time (usually coal). So raising the production cost of coal-based electricity sadly will also raise electricity prices, so long as renewables don’t take over a larger share of the market.