Retail Electricity Market Trends and Strategic Focus Report by Transparency Market Research
In economic terms, electricity (both power and energy) is a commodity capable of being bought, sold and traded. An electricity market is a system for conducting sales, purchases, and short-term trades. Bids and offers use supply and demand principles to set the price. Short-term trades are contracts similar to power purchase agreements and are generally considered private bi-lateral transactions between counterparties. Retail transactions (bids and offers) in electricity are typically cleared and settled by the market operator or a special-purpose...
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