{"id":5739,"date":"2026-03-06T13:00:28","date_gmt":"2026-03-06T12:00:28","guid":{"rendered":"https:\/\/neon.energy\/?page_id=5739"},"modified":"2026-03-09T14:15:16","modified_gmt":"2026-03-09T13:15:16","slug":"marginal-pricing-merit-order","status":"publish","type":"page","link":"https:\/\/neon.energy\/en\/marginal-pricing-merit-order\/","title":{"rendered":"Marginal Pricing and the &#8220;Merit Order&#8221;"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row][vc_column][vc_column_text]<\/p>\n<h2>Marginal Pricing and the &#8220;Merit Order&#8221;<\/h2>\n<p>Commissioned by Eurelectric<\/p>\n<p>Publication date: 06.03.2026<\/p>\n<p data-start=\"0\" data-end=\"660\">The policy debate about electricity market design, marginal pricing, and the \u201cMerit Order\u201d has resurfaced in Europe. Policymakers and stakeholders con-cerned about electricity prices have proposed state interventions into wholesale electricity markets. These interventions resemble the \u201cIberian Mechanism\u201d (gas subsidy) and Prof. Pantelis Capros&#8217; proposal for a market split, both of which were suggested during the energy crisis.<\/p>\n<p data-start=\"0\" data-end=\"660\">This memorandum presents data on electricity price levels, explains the mechanics and merits of marginal pricing, and evaluates the pro-posed interventions.<\/p>\n<p style=\"text-align: left;\">[\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/2&#8243;][vc_column_text]<\/p>\n<p>Here you can find the <a href=\"https:\/\/neon.energy\/Neon-Marginal-Pricing-and-the-Merit-Order.pdf\">explainer<\/a>.<\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/neon.energy\/Neon-Marginal-Pricing-and-the-Merit-Order.pdf\" rel=\"attachment wp-att-5740\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-5740\" src=\"https:\/\/neon-energie.de\/wp-content\/uploads\/Screenshot-2026-03-06-095844.png\" alt=\"\" width=\"211\" height=\"283\" srcset=\"https:\/\/neon-energie.de\/wp-content\/uploads\/Screenshot-2026-03-06-095844.png 854w, https:\/\/neon-energie.de\/wp-content\/uploads\/Screenshot-2026-03-06-095844-223x300.png 223w, https:\/\/neon-energie.de\/wp-content\/uploads\/Screenshot-2026-03-06-095844-762x1024.png 762w, https:\/\/neon-energie.de\/wp-content\/uploads\/Screenshot-2026-03-06-095844-768x1031.png 768w, https:\/\/neon-energie.de\/wp-content\/uploads\/Screenshot-2026-03-06-095844-109x146.png 109w, https:\/\/neon-energie.de\/wp-content\/uploads\/Screenshot-2026-03-06-095844-37x50.png 37w, https:\/\/neon-energie.de\/wp-content\/uploads\/Screenshot-2026-03-06-095844-56x75.png 56w\" sizes=\"auto, (max-width: 211px) 100vw, 211px\" \/><\/a><\/p>\n<p>[\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/2&#8243;][vc_column_text]<\/p>\n<p>&nbsp;<\/p>\n<p data-start=\"654\" data-end=\"711\">[\/vc_column_text][\/vc_column]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][vc_column_text] Marginal Pricing and the &#8220;Merit Order&#8221; Commissioned by Eurelectric Publication date: 06.03.2026 The policy debate about electricity market design, marginal pricing, and the \u201cMerit Order\u201d<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":12,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"inline_featured_image":false,"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"class_list":["post-5739","page","type-page","status-publish","hentry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/neon.energy\/en\/wp-json\/wp\/v2\/pages\/5739","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/neon.energy\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/neon.energy\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/neon.energy\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/neon.energy\/en\/wp-json\/wp\/v2\/comments?post=5739"}],"version-history":[{"count":6,"href":"https:\/\/neon.energy\/en\/wp-json\/wp\/v2\/pages\/5739\/revisions"}],"predecessor-version":[{"id":5763,"href":"https:\/\/neon.energy\/en\/wp-json\/wp\/v2\/pages\/5739\/revisions\/5763"}],"wp:attachment":[{"href":"https:\/\/neon.energy\/en\/wp-json\/wp\/v2\/media?parent=5739"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}