As the focus on a clean energy transition continues, understanding electricity and power markets is increasingly important for the average citizen and up-and-coming industry professionals. At Yes Energy, we believe that competitive energy markets can save the world, so we've compiled an introduction to them in plain language.
Here you can find resources covering everything from the components of the electric grid to the history of energy in the US to trading in modern power markets. Dive in and get ready to participate in the world's ever-evolving power grid.
To understand the power industry and power markets, you first need to understand the grid. Learn about electric supply and demand, generation, the transmission system, and the power grid as a whole. Explore the power grid.
Explore the history of power in the US, covering vertically integrated utilities, power monopolies, cooperative utilities, the FERC, and the regulatory acts that led to the existing power markets. See the history.
See what Independent System Operators and Regional Transmission Organizations are and their main goals. Learn about the existing ISOs and RTOs in North America and a brief history of each. Dive into ISOs.
Once you understand the basics of the power grid and understand ISOs and RTOs, explore how competitive markets operate. Learn about the dual settlement market, economic dispatch, constraints, locational marginal pricing, and more. Take a peek into competitive power markets.
Let's review all things electricity generation. Learn about fuel types, categories (baseload, peaking, and intermittent), and the pros and cons of various generation sources. Understanding electricity generation helps clarify the system of economic dispatch. Explore electricity generation.
Explore financial markets, starting with their purpose. Learn about security-constrained economic dispatch, different types of power market participants, and how financial market participants facilitate market liquidity. Discover financial power markets.
Explore financial power markets further in this blog. Learn about trading types, including virtuals, financial transmission rights, and spreads. See power market trading types.
There are a lot of terms and acronyms associated with the energy industry and power markets. See some of the most important terms. Browse the glossary.
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