1.

The products and services in wholesale electricity market?

Answer»

An electricity MARKETIS a system enabling purchases, through bids to buy; SALES, through offers to sell; and short-term trades, generally in the form of financial or obligation swaps. Bids and offers use supply and demand principles to SET the price. Long-term trades are contracts similar to power PURCHASE AGREEMENTS and generally considered private bi-lateral transactions between counterparties.



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