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Electricity trading is a market in which electricity is bought and sold. It is a form of energy trading that involves the exchange of electricity between buyers and sellers. The market is composed of a variety of participants, including electricity generators, electricity retailers, electricity traders, and electricity consumers. Electricity trading is conducted through a variety of mechanisms, such as bilateral contracts, spot markets, and derivatives.
Electricity trading is an important part of the electricity market, as it allows for the efficient allocation of electricity resources. It also provides a mechanism for price discovery and risk management. By allowing buyers and sellers to trade electricity, the market helps to ensure that electricity is available at the lowest possible cost.
Some of the companies in the electricity trading market include EDF Energy, E.ON, Engie, Iberdrola, National Grid, RWE, and ScottishPower. Show Less Read more