1.2 Electricity market key players
Electricity markets and their key players
Now that we've defined what a market is in terms of micro-economics, we can start analyzing in more depth the different elements that make up the market. We will start with the key players within an electricity market, looking at who they are and how they affect the outcomes of the electricity market. Forget the classic supply and demand curve of Economics 101, this video will show you how it works for an electricity market.