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The Heart of the Market Redesign

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Summary:

MRTU Fast Facts. The Heart of the Market Redesign

Extract:

Scheduling Energy Under a New Paradigm Utilities or energy service providers cannot always cover 100 percent of their customers’ electricity needs. Even those that can always look for opportunities to meet the requirements as cheaply as possible, and they will skip using one of their power plants if they can buy reliably on the open market for less. In part, facilitating purchases and sales is one element of the market redesign. Even if utilities line up all their customers’ power needs ahead of time, the ISO must match supply and demand to assure that power flows on the grid reliably in real-time.

Document Locations:

• MRTU Fast Facts Kit