Amidst the cobweb of technicalities about spot marketing, the - TopicsExpress

Amidst the cobweb of technicalities about spot marketing, the Supreme Court justices just witnessed how the so-called experts in GAMING electricity spot market (WESM) could be tenaciously bold in consigning the future of our electricity rates to high heavens and practically going beyond of reach of any established regulatory body to monitor. The players in the spot market are allowed to maximize their profits by always selling at high prize the electricity rate way beyond the allowable price ceiling mandated by its contract. This is simply cooking the power consumers in a saucepan only to be devoured by unscrupulous business entities in the power industry like a helpless prey of piranha

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