Electricity Market
/ɪˌlɛkˈtrɪsɪti ˈmɑːrkɪt/
Definitions
- (n.) A regulated or deregulated system where electricity is bought, sold, and traded between producers, suppliers, and consumers under legal and commercial rules.
The electricity market is governed by regulatory frameworks ensuring fair competition and reliable supply.
Forms
- electricity market
- electricity markets
Related terms
See also
Commentary
Legal definitions of electricity market often depend on jurisdictional regulatory frameworks, emphasizing the governance of electricity transactions and market operations.
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.