Spot Market

A market where ElectricityA form of Energy and set of physical phenomena that result f... Click for more is bought and sold for immediate delivery. Prices are determined by the interaction of SupplyThe total amount of Electricity supplied by one, many or all... Click for more and DemandThe electricity needed at a point in time, expressed as kilo... Click for more conditions in real-time.

Given the fast-evolving nature of power system transformation, the Future Grid Accelerator (FGA) has the status of a perpetual BETA version. Your suggestions for how each concept and definition may be enhanced are very welcome.

All feedback will be reviewed and considered for inclusion in subsequent updates.