Market Price Forecasting in Competitive Electricity Markets

February 7, 2001 3 Electricity Market Products uEnergy – Can be purchased either from a trader, generator or from the spot market uInstalled Capacity (in New York and PJM) – Can be purchased in auctions uTransmission Rights – Depends on where energy is purchased (upstream, downstream) – Can be purchased in auctions, or through bilateral trading uAncillary Services

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