Retail Electricity Development Market - Global Industry Analysis, Development Market size, Share, Growth, Trends and Forecast 2014 - 2020
"Retail Electricity Market - Global Industry Analysis, Market size, Share, Growth, Trends and Forecast 2014 - 2020" The Report covers current Industries Trends, Worldwide Analysis, Global Forecast, Review, Share, Size, Growth, Effect. Description- In economic terms, electricity (both power and energy) is a commodity capable of being bought, sold and traded. An electricity market is a system for conducting sales, purchases, and short-term trades. Bids and offers use supply and demand principles to set the price. Short-term trades are contracts similar to power purchase agreements and are generally considered private bi-lateral transactions between counterparties. Retail transactions (bids and offers) in electricity are typically cleared and settled by the market operator or a special-purpose independent entity charged exclusively with that function. Market operators do not clear trades but often require knowledge of the trade in order to maintain generation and lo