What do you mean by E-commerce of Electricity | What is e-commerce business

E-commerce of electricity refers to the buying and selling of electricity through online platforms. It is a system that allows consumers to purchase electricity directly from generators or other suppliers through an online platform, bypassing traditional utilities.

This type of e-commerce can be beneficial for both consumers and producers of electricity. For consumers, it can offer greater choice and potentially lower prices, as they are able to compare different electricity suppliers and purchase electricity at the best price. For producers, it can offer a more direct route to market and potentially greater access to customers.

E-commerce of electricity is often facilitated through digital marketplaces or energy trading platforms, which allow buyers and sellers to connect and trade electricity in real-time. These platforms typically use advanced technology to match supply and demand and manage the flow of electricity.