An electricity market is a system of players, each with a defined role, and you cannot read the market without knowing who they are and how they interact. This lesson lays out that cast: the integrated utilities that once did everything, the independent generators and intermediaries that competition introduced, the wholesale and retail layers, the network operators who run the wires, and the consumers and prosumers at the end. It then looks at the newer, decentralized models reshaping the picture. The throughline is the long shift from a single monopoly that controlled everything to a competitive, increasingly decentralized market with many specialized participants, because that shift is what created trading in power in the first place.
Table of Contents
Already have an account? Log in!