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Dylan Reed and Prusha Hasan

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Energy Central: How Wholesale Markets Work – and Don't

Posted by Dylan Reed and Prusha Hasan on Oct 17, 2019

Energy Central reposted AEE's recent blog detailing how barriers to advanced energy should be removed. Read excerpts below and the entire Energy Central piece here

Two-thirds of the nation’s wholesale electricity sales occur in a competitive market managed by a Regional Transmission Organization (RTO) or Independent System Operator (ISO), with over 200 million customers in these areas and over $120 billion in annual energy transactions taking place. Under the Federal Power Act, these markets are overseen by the Federal Energy Regulatory Commission (FERC), which ultimately determines the rules for how wholesale electricity is bought and sold in the marketplace.

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Topics: United In The News