GYEONGJU/WAM On behalf of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, H.H. Sheikh ...
Read More »Threat of $227bn power market break up is pain for traders
Bloomberg Germany and Austria’s prospective breakup of their shared €200 billion-($227 billion) power market is vexing traders and companies that say splitting the union will push up manufacturing costs and drive away investment. Lechwerke AG, a German utility, is resisting supplying its Austrian clients with longer-dated power contracts because it doesn’t know how much to charge them if the ...
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