The wholesale market is comprised of mostly largeindustrial customers who buy electricity directly fromgenerators through negotiated power purchase agreementswhich circumvent distributors. Customers in the wholesalemarket can set prices and time frames for electricitythrough bilateral contracts, which are not regulated by thePeruvian Government. Importantly, generators are ableto inject or withdraw from the Peruvian spot market inorder to uphold the contracts they have signed with theircustomers in the wholesale market.
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