Question

Who are the key market participants in the electricity market? Their key roles in the market?

Answer 1

Question:

Who are the key market participants in the electricity market? Their key roles in the market?

Solution:

In the electricity market, energy is considered as a commodity which can be buy, sell and trade for the consumption purpose. Through bidding and offers, price is setup with the existing demand and supply in the market. The three major categories of Particiaotion in Electricity markets are

Key Market Participants in electricity market	Key Roles in Market
Consumers	The key role in market shows as the consumers are the final ( or end) users to buy the electricity services who can reveals his demand for consuming the servicse by bidding to the electricity market. the main motive behind is to get the minimization price or cost of the electricity services.
Retailers	The retailers also have key roles in electricity market to reveals the demand and supply of energy service and through bidding retailers are purchased and sell to those participants who do not directly involve in purchasing
Energy Owners	For maximizing the profit, energy owners provide the electricity services to consumers and retailers in the market through various modes like bidding , offers etc The key role is to facilitate the services related to electricity in market..