Organized Wholesale Market Explainer

This report, “Organized Wholesale Markets Explainer,” produced by the Clean Energy Buyers Institute (CEBI) in September 2022, provides a foundational guide to how centrally managed electricity markets function in the United States. It explains the critical role of Regional Transmission Organizations (RTOs) and Independent System Operators (ISOs) in coordinating power balancing, ensuring grid reliability, and dispatching the least-cost generation first.