This Question Involves Energy Markets in the United States
What challenges do Power Markets face in the United States with respect to operation and accuracy????
Expert Answer
It is evident that Energy Markets have evolved constantly in the United States. The energy market in U.S. include large number of stakeholders, that are into generation, transmission, distribution and marketing of energy. This system is complex and requires public institutions in order to regulate the sector.
Power markets in U.S. face some challenges with regard to operation and accuracy. Some challenges are highlighted as follows:
The competition between independent power producers has increased significantly.
Traditional
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