01 Jan 2001, Energy Risk glossary , Energy Risk
(US) Wholesale power entity that has registered with the Federal Energy Regulatory Commission (FERC) to trade wholesale power with other power marketers and public entities at market-based prices. Power marketing companies include investor-owned, utility-affiliated companies; natural gas marketing companies; financial intermediaries; independent power producers; and entrepreneurs. Typically, power marketers do not own generating facilities.
* see also electricity utility