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Fall in wholesale electricity prices worries gencos
Rates have fallen below cost of natural gas feedstock, posing financial risks for players
Published Fri, Jun 13, 2014 · 10:00 PM
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Singapore
SINGAPORE generation companies (gencos) are concerned that wholesale electricity prices here have fallen for the first time below the cost of their natural gas feedstock this year.
An industry official has warned that this is an unsustainable situation, as it poses financial risks for market players.
The situation has arisen …
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