Market power a possible factor in electricity market, says EA
Regulator finds retailers affected by lack of viable hedge contracts to mitigate peak price risk.
Retailers struggle to hedge price risk at times of peak demand, said the Electricity Authority.
The Electricity Authority has found evidence of a lack of competition in the electricity market that could affect retail prices.
In a report on the findings of a review of hedge contracts available to electricity retailers, the EA said although baseload and peak contracts appeared to be competitive,
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