End of telephone electricity transactions in the "Iran" energy exchange: The online electricity trading system was launched in the Iran Energy Exchange with the aim of increasing transparency and reducing bureaucracy. This system provides the possibility of buying and selling electricity directly and online to market participants. Power stations, retail companies and eligible subscribers can place their orders without manual intervention. Eliminating traditional order entry methods reduces the risk of human error and the administrative risk of brokers. The same and simultaneous access of market participants results in improved information symmetry and reduced rent generation. Electricity transactions used to be done through phone calls and correspondence. Read the full text here.

End of telephone electricity transactions in the "Iran" energy exchange: The online electricity trading system was launched in the Iran Energy Exchange with the aim of increasing transparency and reducing bureaucracy. This system provides the possibility of buying and selling electricity directly and online to market participants. Power stations, retail companies and eligible subscribers can place their orders without manual intervention. Eliminating traditional order entry methods reduces the risk of human error and the administrative risk of brokers. The same and simultaneous access of market participants results in improved information symmetry and reduced rent generation. Electricity transactions used to be done through phone calls and correspondence. Read the full text here.