In the last 30 years, we could observe an interesting dimension of the development of electricity, not in its scientific side, but in the trading side. The concept of a market for electricity trading was gotten the attentions when many governments privatised and deregulated their electricity supply industry in 1980s. New markets both for spot (not truly) and futures/options of electricity were opened, mostly in Europe, Eastern coast of the US and Canada and some in Latin America and Australia. This report will provide an analysis on the demand and supply chain of electricity, and a review on its markets and pricing models.
Mehdi BAROUTI – Viet-Dung D. HOANG