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The electric supply market is a segment of the electricity industry that involves the sale and distribution of electricity to end-users. It is composed of electricity generators, transmission and distribution companies, and retail electricity providers. Generators produce electricity from a variety of sources, such as coal, natural gas, nuclear, and renewable sources. Transmission and distribution companies are responsible for transporting electricity from the generators to the end-users. Retail electricity providers are responsible for selling electricity to end-users, such as households and businesses.
The electric supply market is highly regulated, with governments setting prices and other rules to ensure that electricity is provided in a safe and reliable manner. In addition, governments often provide incentives to encourage the development of renewable energy sources.
Some of the major companies in the electric supply market include Duke Energy, Exelon, American Electric Power, Southern Company, and NextEra Energy. Show Less Read more