Understanding U.S. Deregulated Power Markets
Explore the fundamentals of deregulated electricity markets, including market structure, participants, pricing mechanisms, and emerging trends. This comprehensive guide breaks down complex concepts for generators, retailers, traders, large consumers, and anyone involved in the energy value chain.
Market Fundamentals
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Market Structure
- Regulated vs. Deregulated Markets
- Role of ISOs/RTOs
- Energy-Only vs. Capacity Markets
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Market Operations
- Nodal Pricing (LMP)
- Day-Ahead & Real-Time Markets
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Market Participants
- Generators, QSEs, REPs & TDUs
- Traders & Aggregators
Pricing & Risk
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Price Components
- Energy & Capacity Costs
- Congestion & Volatility
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Procurement
- Contract Types & Structures
- Fixed vs. Index Pricing
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Risk Management
- Hedging & Volume Risk
- Credit Risk Management
Regulation & Innovation
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Regulatory Framework
- FERC & NERC Requirements
- Market Monitoring & Reporting
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Future Trends
- Renewables & Storage
- Grid Modernization
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Case Studies
- Market Events & Reforms
- System Challenges
Analysis Tools
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LoadViz Pro
- Market Data Analysis
- Visualization Tools