- Australia, Japan, and Singapore are the few markets within Asia Pacific that have achieved full liberalization of their power markets.
- Singapore, with the highest share of thermal capacity within its power mix, has been hit the hardest, followed by Australia where thermal generation maintains a majority share.
- Government measures announced in the three markets range from ensuring security of fuel and supply and protecting businesses through short-term fixed price contracts to launching a full independent investigation to holistically reevaluate the power sector.
For further details see:
Call For Market Reforms Sparks As Commodity Price Hike Raises Power Prices To New Highs