Latest news and articles about سوق الكهرباء from NEX English
A Swedish energy trader faces a fine of €9.25 million (approximately $11 million) after causing a significant collapse in the electricity market in Finland in 2023. This incident raises questions about the regulation and transparency of financial markets.
On Thursday, the Philippines announced the suspension of its wholesale electricity market as part of emergency measures to address energy supply risks and price volatility caused by the conflict in the Middle East. This decision aims to protect consumers from potential energy price hikes that could negatively impact the national economy.
The regulatory body for the energy market in the Philippines announced the suspension of the wholesale electricity market across all three networks until further notice. This decision comes amid risks related to fuel supplies and price volatility stemming from the ongoing war in Iran.