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The electricity trade market is a global market for the buying and selling of electricity. It is composed of a variety of participants, including electricity generators, electricity retailers, electricity traders, and electricity consumers. Electricity generators produce electricity from a variety of sources, such as coal, natural gas, nuclear, and renewable energy sources. Electricity retailers purchase electricity from generators and then resell it to consumers. Electricity traders buy and sell electricity on the wholesale market, often using complex financial instruments. Electricity consumers purchase electricity from retailers and use it to power their homes and businesses.
The electricity trade market is highly regulated, with governments setting prices and other rules to ensure a reliable supply of electricity. It is also subject to market forces, such as supply and demand, which can cause prices to fluctuate.
Some companies in the electricity trade market include Duke Energy, Exelon, NRG Energy, and Southern Company. Show Less Read more