Economic lessons from the market evolution of present US power markets

Insufficient information provided by the market to participants can cause volatile price swings. An ideal market is presented here. The importance of information from such a market is discussed from the participants´ view and also the information needed by participants in the competitive environment is outlined. A comparison of such a market to existing markets within the USA is outlined. The power markets in the USA are evolving based on state and federal government mandates and based on the committee decisions of all market participants. As economic forces empower changes for the participants, changes will be made