Day-ahead energy markets

Day-ahead energy markets

"Earth" by Yuri Samoilov is licensed under CC BY 2.0

a financial market that lets market participants commit to purchasing or selling wholesale electricity one day before the operating day, to help avoid price volatility.

Pros

Provides a great alignment of the technical and financial operations related to delivering electricity; allows for better resource planning and reduces market volatility.

Cons

Can be limiting to smaller resources and hard to understand or access.

Real Talk

Having a reliable forecast of load and generation potential reduces pricing volatility. It's good for the market.

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