Definition of Wholesale power market

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TeachMeFinance.com - explain Wholesale power market



Wholesale power market

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

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


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About the author

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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