Electricity Trading Market Size & Share, by Type (Spots Contract, Future Contracts); Application (Residential, Commercial, Industrial) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2037

  • Report ID: 2977
  • Published Date: Apr 02, 2024
  • Report Format: PDF, PPT

Electricity Trading Market TOC

  1. Part 01 An Outline of the Global Electricity Trading Market
    1. Market Definition
    2. Market Segmentation
    3. Product Overview
  2. Part 02 Assumptions and Abbreviations

Part 03

  1. Research Methodology & Approach
    1. Research Process
    2. Primary Research
      1. Power Generators
      2. Electricity Providers
      3. End-Users
    3. Secondary Research
    4. Market Size Estimation
  2. Part 04 Summary of the Report for Key Decision Markers
  3. Part 05 Market Opportunities
    1. Type
    2. End Users
  4. Part 06 Market Dynamics
  5. Part 07 Major Roadblocks
  6. Part 08 Analysis on the Key Trends in the Market
  7. Part 09 Government Regulation: How they would aid business?
  8. Part 10 Decarbonization Strategy and Carbon Credit Benefits for Market Players
  9. Part 11 Industry Risk Analysis
  10. Part 12 Industry Supply Chain Analysis
  11. Part 13 PESTLE Analysis
  12. Part 14 Recent Technologies End-Users
  13. Part 15 Analysis of the Type of the Electricity Trading
  14. Part 16 Analysis on Virtual Power Plant Market
  15. Part 17 Analysis on Global Investments in Power
  16. Part 18 Comparative Analysis of Different Trading Models
  17. Part 19 Competitive Positioning: Major Players
  18. Part 20 Competitive Landscape: Major Players
    1. Market share of major companies profiled 2023
    2. Business Profile of Key Enterprises
      1.  bp p.l.c.
        1. Detailed Overview
        2. Assessment of key offerings
        3. Analysis of growth strategies
        4. Exhaustive analysis of key financial indicators
        5. Recent developments and strategies
    3. VECO Power Trading, LLC
    4.  ENERGY TRADING COMPANY, s.r.o.
    5. Fortum
    6.  Intercontinental Exchange, Inc.
    7.  Japan Electric Power Exchange
    8.  Tata Power Trading Company Limited
    9.  Vattenfall AB
    10.  Next Kraftwerke
    11. NTPC
    12. Equinor ASA
    13. POWER EXCHANGE INDIA LIMITED
  19. Part 21 Global Electricity Trading Market Outlook
    1. Market Overview
    2. Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
    3. Year-on-Year (Y-o-Y) Growth Trend Analysis Global Electricity Trading Market Segmentation Analysis (2024-2037)
      1. By Type
        1. Spot Contracts, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        2. Day-ahead, Market Value (USD Million), and CAGR & Y-oY Growth Trend, 2024-2037F

Intraday, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F

  1. Future Contracts, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
  2. Forward, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F

Options, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F

  1. By Application
    1. Residential, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
    2. Commercial, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
    3. Industrial, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
  2. By Geography
    1. North America, Market Value (USD Million), and CAGR & Y-oY Growth Trend, 2024-2037F
    2. Europe, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
    3. Asia Pacific, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
    4. Latin America, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
    5. Middle East and Africa, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F

Cross Analysis of Type w.r.t. End-Users (USD Million), 2024-2037

  1.  Part 22 North America Electricity Trading Market Outlook
    1. Market Overview
    2. Analysis of Govt. Guidelines, market trends in the region & Impact on Y-O-Y Revenue
    3. Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
    4. Year-on-Year (Y-o-Y) Growth Trend Analysis
    5. North America Electricity Trading Market Segmentation Analysis (2024-2037)
      1. By Type
        1. Spot Contracts, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        2. Day-ahead, Market Value (USD Million), and CAGR & Yo-Y Growth Trend, 2024-2037F
        3. Intraday, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        4. Future Contracts, Market Value (USD Million), and CAGR & Y-oY Growth Trend, 2024-2037F
        5. Forward, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        6. Options, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
      2. By Application
        1. Residential, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        2. Commercial, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        3. Industrial, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
      3. By Country
        1. US, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        2. Canada, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F

Cross Analysis of Type w.r.t. End-User (USD Million), 2024-2037

  1. Part 23 US Electricity Trading Market Outlook
    1. Market Overview
    2. Analysis of Govt. Guidelines, market trends in the region & Impact on Y-O-Y Revenue
    3. Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
    4. Year-on-Year (Y-o-Y) Growth Trend Analysis
    5. US Electricity Aggregator Analysis
    6. Key Market Trends in the Energy Storage Systems Industry
    7. Comparative Product Feature Analysis of Local Players Operating in the Industry
    8. Key Partnership/Mergers/Acquisitions in the Energy Storage System Market
    9. Key Application Areas of Energy Storage Systems
    10. ESS Industry Growth Outlook
    11. Electricity Trading Industry Outlook Across the Country
    12. Electricity Aggregator Analysis US Electricity Trading Market Segmentation Analysis (2024-2037)
      1. By Type
        1.  Spot Contracts, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        2. Day-ahead, Market Value (USD Million), and CAGR & Y-oY Growth Trend, 2024-2037F
        3. Intraday, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        4. Future Contracts, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        5. Forward, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        6. Options, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
      2. By Application
        1. Residential, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        2. Commercial, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        3. Industrial, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
  2. Part 24 Europe Electricity Trading Market Outlook
    1. Market Overview
    2. Analysis of Govt. Guidelines, market trends in the region & Impact on Y-O-Y Revenue
    3. Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
    4. Year-on-Year (Y-o-Y) Growth Trend Analysis Europe Electricity Trading Market Segmentation Analysis (2024-2037)
    5. By Type
      1. Spot Contracts, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
      2. Day-ahead, Market Value (USD Million), and CAGR & Y-oY Growth Trend, 2024-2037F
      3. Intraday, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
      4. Future Contracts, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
      5. Forward, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
      6. Options, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
    6. By Application
      1. Residential, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
      2. Commercial, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
      3.  Industrial, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
    7. By Country
      1. Germany, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
      2.  UK, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
      3.  France, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
      4.  Italy, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
      5.  Spain, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
      6.  Russia, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
      7. NORDIC, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
      8.  Rest of Europe, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F Cross Analysis of Type w.r.t. End-User (USD Million), 2024-2037
  3. Part 25 France Electricity Trading Market Outlook
    1. Market Overview
    2. Analysis of Govt. Guidelines, market trends in the region & Impact on Y-O-Y Revenue
    3. Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
    4. Year-on-Year (Y-o-Y) Growth Trend Analysis
    5. France Electricity Aggregator Analysis
    6. Key Market Trends in the Energy Storage Systems Industry
    7. Comparative Product Feature Analysis of Local Players Operating in the Industry
    8. Key Partnership/Mergers/Acquisitions in the Energy Storage System Market
    9. Key Application Areas of Energy Storage Systems
    10. ESS Industry Growth Outlook
    11. Electricity Trading Industry Outlook Across the Country
    12. Electricity Aggregator Analysis
    13. France Electricity Trading Market Segmentation Analysis (2024-2037)
      1. By Type
        1. Spot Contracts, Market Value (USD Million), and CAGR & Y-oY Growth Trend, 2024-2037F
        2. Day-ahead, Market Value (USD Million), and CAGR & Yo-Y Growth Trend, 2024-2037F
        3. Intraday, Market Value (USD Million), and CAGR & Y-oY Growth Trend, 2024-2037F
        4.  Future Contracts, Market Value (USD Million), and CAGR & Yo-Y Growth Trend, 2024-2037F
        5. Forward, Market Value (USD Million), and CAGR & Y-oY Growth Trend, 2024-2037F
        6. Options, Market Value (USD Million), and CAGR & Y-oY Growth Trend, 2024-2037F
      2. By Application
        1. Residential, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        2.  Commercial, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        3.  Industrial, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
  4. Part 26 Italy Electricity Trading Market Outlook
    1. Market Overview
    2. Analysis of Govt. Guidelines, market trends in the region & Impact on Y-O-Y Revenue
    3. Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
    4. Year-on-Year (Y-o-Y) Growth Trend Analysis
    5. Italy Electricity Aggregator Analysis
    6. Key Market Trends in the Energy Storage Systems Industry
    7. Comparative Product Feature Analysis of Local Players Operating in the Industry
    8. Key Partnership/Mergers/Acquisitions in the Energy Storage System Market
    9. Key Application Areas of Energy Storage Systems
    10. ESS Industry Growth Outlook
    11. Electricity Trading Industry Outlook Across the Country
    12. Electricity Aggregator Analysis
    13. Italy Electricity Trading Market Segmentation Analysis (2024-2037)
      1. By Type
        1. Spot Contracts, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        2. Day-ahead, Market Value (USD Million), and CAGR & Y-oY Growth Trend, 2024-2037F
        3. Intraday, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        4. Future Contracts, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        5. Forward, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        6. Options, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
      2. By Application
        1.  Residential, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        2.  Commercial, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        3.  Industrial, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
  5. Part 27 Asia Pacific Electricity Trading Market Outlook
    1. Market Overview
    2. Analysis of Govt. Guidelines, market trends in the region & Impact on Y-O-Y Revenue
    3. Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
    4. Year-on-Year (Y-o-Y) Growth Trend Analysis Asia Pacific Electricity Trading Market Segmentation Analysis (2024-2037)
      1. By Type
        1. Spot Contracts, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        2. Day-ahead, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        3. Intraday, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        4.  Future Contracts, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        5. Forward, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        6. Options, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
      2. Application
        1.  Residential, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        2.  Commercial, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        3. Industrial, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
      3. By Country
        1. China, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        2.  India, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        3.  Japan, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        4. South Korea, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        5.  Singapore, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        6. Australia, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        7. Thailand, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        8. Vietnam, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        9. Malaysia, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        10.  Rest of Asia Pacific, Market Value (USD Million), and CAGR & Yo-Y Growth Trend, 2024-2037F

Cross Analysis of Type w.r.t. End-User (USD Million), 2024-2037

  1. Part 28 China Electricity Trading Market Outlook
    1. Market Overview
    2. Analysis of Govt. Guidelines, market trends in the region & Impact on Y-O-Y Revenue
    3. Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
    4. Year-on-Year (Y-o-Y) Growth Trend Analysis
    5. China Electricity Aggregator Analysis
    6. Key Market Trends in the Energy Storage Systems Industry
    7. Comparative Product Feature Analysis of Local Players Operating in the Industry
    8. Key Partnership/Mergers/Acquisitions in the Energy Storage System Market
    9. Key Application Areas of Energy Storage Systems
    10. ESS Industry Growth Outlook
    11. Electricity Trading Industry Outlook Across the Country
    12. Electricity Aggregator Analysis
    13. China Electricity Trading Market Segmentation Analysis (2024-2037)
      1. By Type
        1. Spot Contracts, Market Value (USD Million), and CAGR & Y-oY Growth Trend, 2024-2037F
        2. Day-ahead, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        3. Intraday, Market Value (USD Million), and CAGR & Y-oY Growth Trend, 2024-2037F
        4. Future Contracts, Market Value (USD Million), and CAGR & Yo-Y Growth Trend, 2024-2037F
        5. Forward, Market Value (USD Million), and CAGR & Y-oY Growth Trend, 2024-2037F
        6. Options, Market Value (USD Million), and CAGR & Y-oY Growth Trend, 2024-2037F
      2. By Application
        1.  Residential, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        2.  Commercial, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        3. Industrial, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
  2. Part 29 Latin America Electricity Trading Market Outlook
    1. Market Overview
    2. Analysis of Govt. Guidelines, market trends in the region & Impact on Y-O-Y Revenue
    3. Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
    4.  Year-on-Year (Y-o-Y) Growth Trend Analysis Latin America Electricity Trading Market Segmentation Analysis (2024-2037)
      1. By Type
        1.  Spot Contracts, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        2. Day-ahead, Market Value (USD Million), and CAGR & Y-oY Growth Trend, 2024-2037F
        3. Intraday, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        4. Future Contracts, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        5. Forward, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        6. Options, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
      2. By Application
        1. Residential, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        2. Commercial, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        3. Industrial, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
      3. By Country
        1. Brazil, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        2. Argentina, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        3. Mexico, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        4.  Rest of Latin America, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F Cross Analysis of Type w.r.t. End-User (USD Million), 2024-20
  3. Part 30 Middle East and Africa Electricity Trading Market Outlook
    1. Market Overview
    2. Analysis of Govt. Guidelines, market trends in the region & Impact on Y-O-Y Revenue
    3. Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
    4. Year-on-Year (Y-o-Y) Growth Trend Analysis Middle East and Africa Electricity Trading Market Segmentation Analysis (2024- 2037)
      1. By Type
        1. Spot Contracts, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        2. Day-ahead, Market Value (USD Million), and CAGR & Y-oY Growth Trend, 2024-2037F
        3. Intraday, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        4. Future Contracts, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        5. Forward, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        6. Options, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
      2. By Application
        1. Residential, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        2. Commercial, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        3.  Industrial, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
      3. By Country
        1. GCC, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        2.  Israel, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        3. South Africa, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
        4.  Rest of Middle East & Africa, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F Cross Analysis of Type w.r.t. End-User (USD Million), 2024-2037

Global Market Size, Forecast, and Trend Highlights Over 2024-2037

Electricity Trading Market size is expected to reach USD 212 billion by the end of 2036 growing at a CAGR 7.77% during the forecast period i.e., between 2024-2037. In the year 2024, the industry size of electricity trading was USD 81.89 billion. To cope with the growing urbanization of the world, cities are becoming increasingly strained. expanding populations. In addition to the other issues, cities are dealing with a lack of resources. Widespread blackouts, insufficient water supplies, poor government services, and a costly one. The cost of living, inadequate public transport, frequent traffic jams, and pollution. diminishing natural resources. To meet the specific challenges of urbanization, a framework called "SmartCities" brings together cutting-edge city planning, business plans, energy, and transport management as well as new technology. In 60 cities in India, the Smart Cities Mission is currently working on 160 initiatives aimed at providing solutions for resource efficiency. 

By protecting consumers from price manipulation, fostering the development of renewable energy sources and encouraging their use, government regulations on energy efficiency are leading to electricity trading. The aim of these regulations is to develop a more cost effective and effective approach, which will benefit both producers and consumers. In addition, electricity exchanges are facilitating the distribution of renewables in a wider geographic area leading to improved utilisation and lower greenhouse gas emissions.


Electricity Trading Market
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Electricity Trading Sector: Growth Drivers and Challenges

Growth Drivers

  • Rising Technological Advancement - When AI and ML are used in energy trading, there are a lot of advantages. These technologies allow traders to improve their tactics, make data-driven decisions, and increase their profitability. Automated trading systems and precise price forecasts are examples of such technologies. The integration of AI and machine learning could result in a complete transformation of the electricity trading market, influencing its evolution going forward.
  • Demand for Electricity in the Residential Sector - Electricity, which is a vital element of living in today's world, is essential to the global economic system. People use electricity to power appliances, computers, electronics, machinery, and public transport systems as well as for the provision of lighting, heating, air conditioning, and refrigeration. The US consumed 4.07 trillion, on the other hand, kWh of power overall in 2022, which was 14 times more than it was in 1950 and people are expected to use more energy, in particular electricity for air transport. conditioning as a result of climate change's contribution to the increase in average. The heat and very hot days. Consequently, people will likely have to spend more. money on energy to cool the largest quantity ever recorded.

Challenges

  • Environmental Concerns Associated - Despite its potential benefits, crossing borders for electricity trading has many difficulties. A major problem is the lack of uniformity in many energy markets, where each country has its own rules and policies. There is also a high cost of building infrastructure connecting grids to individual nations. Due to this extra expense, small countries may face difficulties in joining these markets and not be able to invest heavily in new equipment or technology.
  • Regulatory Obstructions associated are anticipated to hamper the market growth in the upcoming period.
  • Physical limitations are predicted to hinder the electricity trading market growth in the forecast period

Electricity Trading Market: Key Insights

Base Year

2023

Forecast Year

2024 - 2037

CAGR

7.77%

Base Year Market Size

USD 81.89 billion

Forecast Year Market Size

USD 212 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Electricity Trading Segmentation

Application (Residential, Commercial, Industrial)

Based on application, the industrial segment is anticipated to hold the largest market share of USD 89.08 billion by the end of 2037. Industrial facilities purchase electricity from utilities or other supplies. The price of electricity can vary depending on multiple factors including the time of the day, the season, and the overall electricity demand. Industrial facilities can use a variety of strategies to manage their electricity costs such as buying electricity during off-peak hours or entering into long-term contracts with suppliers.

Type (Spots Contract, Future Contracts)

In terms of type, the spot outlook segment is set to hold the largest market share 117 billion by the end of 2036. The segment enables dynamic trading throughout the actual day of delivery. Participants can constantly buy and self-electricity throughout the day, with prices fluctuating in real time based on supply and demand. This is often done in hourly or half-hourly increments depending on the specific market.

Our in-depth analysis of the global market includes the following segments:

     Type

  • Spots Contract
  • Future Contracts

     Application

  • Residential
  • Commercial
  • Industrial

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Electricity Trading Industry-Regional Synopsis

Asia Pacific Market Forecasts

The electricity trading market in the Asia Pacific region is set to hold the largest revenue share of USD 116 billion by the end of the forecast period. China, Vietnam, India and Indonesia are countries in the Asia Pacific region where urbanization and industrialization are taking place rapidly. Considering the movement of people from rural to urban areas the demand for power in the region is also changing. Energy consumption in the APAC region is anticipated to rise by 4.9% annually considering the notable escalation in the use of electricity in residential and industrial sectors. In addition, the demand for market in this region is growing as electric vehicles become more and more popular.  For example, the growth of Thailand's electric vehicle industry is a major factor in developing an energy transition plan.

North American Market Statistics

The electricity trading market in the North American region is set to grow substantially registering growth of USD 42.95 billion by the end of 2037. The US Department of Energy announced in October 2023 an initiative to improve state and local participation in wholesale electricity markets with a total value of USD 9 million. The effort of the Wholesale Electricity Market Study and Engagement Programme is aimed at assisting States and Regional Organizations to develop, grow or improve their wholesale electricity markets by providing them with financial and technological support. This type of cooperation is expected to give interested parties an essential perspective on a number of undertakings, such as the construction of interregional transmission infrastructure. Moreover, state and regional energy companies as well as system operators can reduce their electricity costs through participation in wholesale markets which may result in lower customer charges.

Research Nester
Electricity Trading Market Size
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Companies Dominating the Electricity Trading Landscape

top-features-companies
    • bp p.l.c.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • VECO Power Trading, LLC
    • ENERGY TRADING COMPANY, s.r.o
    • Fortum
    • Intercontinental Exchange, Inc.
    • Japan Electric Power Exchange
    • Tata Power
    • Vattenfall AB
    • Next Kraftwerke
    • NTPC Limited

In-the-news

In The News

  • The power trading service is included in Fortum's financial results for 2023, and the generation segment has emerged as its primary earnings driver due to good performance throughout the year. A record high comparable operating profit of EUR 1,679 million and a full year's power price of 63.1 euro per MWh was achieved in the Nordic countries, thanks to strong energy prices coupled with effective physical optimisation amidst price volatility.
  • The cross-border trading of electricity between Bangladesh, Bhutan and Nepal is dealt with by the wholly owned subsidiary NTPC Vidyut Vyapar Nigam Limited.

Author Credits:  Payel Roy, Dhruv Bhatia


  • Report ID: 2977
  • Published Date: Apr 02, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The growing smart city projects and escalating technological advancement are some of the major factors anticipated to drive the growth of the electricity trading market.

The market is anticipated to attain a CAGR of ~7.77% over the forecast period, i.e., 2024-2037.

The major players in the market are of Intercontinental Exchange, Inc, Japan Electric Power Exchange, Tata Power, Vattenfall AB, Next Kraftwerke, NTPC Limited, and others.

The industrial segment is anticipated to garner the largest market size by the end of 2037 and display significant growth opportunities.

The market in Asia Pacific is projected to hold the largest market share by the end of 2037 and provide more business opportunities in the future.
Electricity Trading Market Report Scope
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