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What you should know about the electricity market? 

Electricity is one of those everyday things that we often take for granted and only notice when something goes wrong. Many people only really think about their own electricity usage when they receive their electricity bill – am I using too much electricity or is it possible to receive electricity at a cheaper rate from somewhere else?

But do we know how the price of electricity is formed? The above questions are related to the functioning of the electricity market. However, people may make assumptions on the functioning of the markets based on fairly superficial knowledge.