Wholesale Electricity Markets
Learn about the differences between retail and wholesale electricity markets and how electricity is sold on the wholesale market.
Transcript
I. Comparing Resale and Wholesale Markets
The electricity system can be broken down simply into three main parties: generators, resellers, and end users. Electricity is generated at a generating facility, such as a coal-fired power plant, and then sold to resellers, such as an electric utility company. Generators transmit electricity to resellers at a high voltage measured in megawatts. The next step in the electricity system occurs when resellers sell electricity to end users, also known as...
