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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

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Published Fri, Jun 13, 2014 · 10:00 PM

    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.

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