This is the wholesale price of electricity as reported by the National Grid. This is the price that suppliers are trading energy at on the intra-day market. This differs from the day ahead price used for indexes like RPD. Intra day prices are highly volative, frequently ranging from zero to £50-£100 per MWh within the same day/week. All prices are in GBP£ per MWh, this can be devided by 10 to give pence per unit / KWh.
Mid Market prices are useful for tracking market volatility, which in turn affects the day ahead and futures prices, which itself affects the prices that suppliers offer to energy consumers.
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