Definition of Wholesale electric power market

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TeachMeFinance.com - explain Wholesale electric power market



Wholesale electric power market

The term 'Wholesale electric power market' as it applies to the area of energy can be defined as ' The purchase and sale of electricity from generators to resellers (retailers), along with the ancillary services needed to maintain reliability and power quality at the transmission level'.

Previous 5 Terms:
Whole-body counter
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Wholesale power market
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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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