Tag: Power Market
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Power Producers Welcome Higher WESM Secondary Price Cap Boost
Introduction: A Positive Signal for Investors A group of independent power producers (IPPs) has welcomed the 19-percent increase in the Wholesale Electricity Spot Market (WESM) secondary price cap (SPC). The move, which adjusts the ceiling at which prices in the market can peak, is seen by industry players as a clearer signal to investors that…
