Electricity Markets Tutorial

Introduction to electricity markets in the United States, the history, operations, and participation in those markets.

Questions:
Q: What is the revenue stream for RTOs/ISOs when they are a non-profit market operator?
A: RTOs/ISOs charge the market participants the membership fees for market access; on top of this, RTOs/ISOs provide out facing services including performing interconnection studies for developers and market training with cost to participants.

[davidanalyst]

so I can't tell the difference between regulated markets and unregulated markets. In this system, you said ercot is the wild wild west a dozen times, but you never explained why it is the wild west, and how the better, more mature, and more sophisticated government regulators who are never bought and paid for by industry (for instance how the regulators in medical have been purchased in order to make sure insurance costs keep rising) how are regulated better than non regulated, and then you explain day ahead and 5 min, and then kind of imply that both reg and nonreg use the same system. I am so confused.