Results for tag: "Wholesale Power"

The Wholesale Power market is a segment of the electricity industry that involves the buying and selling of electricity between electricity producers and electricity consumers. It is a competitive market, with electricity producers competing to sell their electricity to electricity consumers. The market is regulated by the Federal Energy Regulatory Commission (FERC) in the United States, and by other regulatory bodies in other countries. The Wholesale Power market is divided into two main segments: the spot market and the forward market. In the spot market, electricity is bought and sold on a short-term basis, usually within a day or two. In the forward market, electricity is bought and sold on a longer-term basis, usually for a period of months or years. The Wholesale Power market is an important part of the electricity industry, as it allows electricity producers to sell their electricity to electricity consumers at competitive prices. It also allows electricity consumers to purchase electricity from electricity producers at competitive prices. Some of the major companies in the Wholesale Power market include Duke Energy, Exelon, NRG Energy, and American Electric Power. Show Less Read more