<TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR>Q&A on the price of electricity here
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-- ST FILE PHOTO
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<!-- START OF : div id="storytext"--><!-- more than 4 paragraphs -->Why is it pegged to the price of fuel oil?
Eighty per cent of the electricity generated here is powered by natural gas, but Asia does not have a natural gas price benchmark on which to peg the price of electricity.
Pegging it to the price of the traditional source of electricity - fuel oil - is the next best thing.
The cost of fuel contributes up to 60 per cent of
TALK COCK!
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-- ST FILE PHOTO
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<!-- START OF : div id="storytext"--><!-- more than 4 paragraphs -->Why is it pegged to the price of fuel oil?
Eighty per cent of the electricity generated here is powered by natural gas, but Asia does not have a natural gas price benchmark on which to peg the price of electricity.
Pegging it to the price of the traditional source of electricity - fuel oil - is the next best thing.
The cost of fuel contributes up to 60 per cent of
TALK COCK!
