Deregulated Electricity Market
/ˌdiːˈrɛɡjʊleɪtɪd ɪˈlɛktrɪsɪti ˈmɑːrkɪt/
Definitions
- (n.) A power market system in which electricity generation, distribution, and pricing are governed by competition rather than government regulation.
The deregulated electricity market has enabled multiple suppliers to compete, often lowering consumer prices.
Forms
- deregulated electricity market
Related terms
See also
Commentary
Often involves complex regulatory frameworks to ensure fair competition and prevent market abuses.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.