Retailers in liberalized electricity markets can offer lower prices to consumers.
The article explores how retailers in the electricity market can optimize their portfolios of customers to maximize returns while managing risks. By using a simulation-based approach with real-world consumers, the study found that risk-seeking retailers tend to fare better in retail markets, as they can handle fluctuations in returns better. On the other hand, risk-averse retailers opt for lower-risk portfolios, which can lead to higher returns in both good and bad market conditions.