A market is defined by the contracts entered into within it, IMHO, and it takes place within a legal and financial framework I call an enterprise model.

The problem is not so much markets per se, but markets run "for profit".

My case has been for some 8 years that we have been lacking a satisfactory "Not for Loss" enterprise model for utilities such as grid infrastructure.

So I would advocate a grid "owned" by a custodian; operated by a service provider consortium; with the costs shared proportionally among users; and with any capital necessary coming from selling the revenues forward through "unitisation"..

The outcome is infrastructure operating "Not for Loss" essentially as a cooperative of cooperatives.

"The future is already here -- it's just not very evenly distributed" William Gibson