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2018.8.23 / Report
Energy pricing

Abstract

This first report focuses on the mechanisms by which electricity is priced in today’s power markets. Existing energy markets govern the infrastructure that any widely-used trading protocol must interface with in the short and medium terms. They also suggest the operational requirements that a protocol must satisfy in the long-term, if it is to eventually replace existing systems or become a ubiquitous platform upon which future wholesale markets are built.