Regional energy markets are systems where electricity and other forms of energy are traded within a specific geographic area. These markets allow energy producers, such as power plants, to sell their electricity to consumers, including homes and businesses. By facilitating competition, regional energy markets can help lower prices and improve the reliability of energy supply. In these markets, various participants, including utilities, independent power producers, and regulatory agencies, play crucial roles. They work together to ensure that energy is generated, transmitted, and distributed efficiently. Regional energy markets also promote the integration of renewable energy sources, such as solar and wind, into the energy grid.