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The electric energy market is a sector of the electricity industry that involves the generation, transmission, distribution, and sale of electric power to the public. It is a complex system of interconnected components, including power plants, transmission lines, substations, and distribution networks. The electric energy market is regulated by governments and is subject to various laws and regulations.
The electric energy market is composed of a variety of players, including power generators, transmission companies, distribution companies, and retail suppliers. Power generators are responsible for producing electricity from various sources, such as coal, natural gas, nuclear, and renewable energy sources. Transmission companies are responsible for transporting electricity from power plants to distribution networks. Distribution companies are responsible for delivering electricity to customers. Retail suppliers are responsible for selling electricity to customers.
Some of the major companies in the electric energy market include Duke Energy, Exelon, American Electric Power, Southern Company, and NextEra Energy. Show Less Read more