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LOLP

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AcronymDefinition
LOLPLoss-Of-Load-Probability


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ENERGY TRADING Electricity prices continued their downward trend during the period, falling more rapidly than expected in the first four months and then remaining at lower levels even though capacity margins were tight leading to higher levels of LOLP payments.
This led to significantly lower pool prices together with lower LOLP which was down 43% to (pound)3.
 
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