Gains still possible from voluntary market-making - EA

Fri, 01 Mar 2019

By Gavin Evans March 1 (BusinessDesk) - All the benefits available from voluntary market-making arrangements in the electricity futures market should be exhausted before new structures are considered, the Electricity Authority says. Moving to a mandatory market as proposed by the Electricity Price Review, or adopting an incentivised scheme like that operated in Singapore, could take two to three years, authority chief executive James Stevenson-Wallace says. While all models have their pros and cons, there may be quicker gains available...

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