An electricity market refers to the organized system that facilitates the buying and selling of electricity between producers, consumers, and traders. These markets can take various forms, such as wholesale markets where electricity is bought and sold in bulk, or retail markets where consumers purchase electricity for their homes or businesses. Research in the electricity market space focuses on understanding market mechanisms, pricing dynamics, regulatory frameworks, and the integration of renewable energy sources into the grid. Researchers also investigate issues such as market design, competition, market power, and the impact of technological advancements on electricity trading. The goal of this research is to help optimize market operations, improve efficiency, and ensure a reliable supply of electricity to meet the growing energy demands of society.