A comment by Chi Kong Chyong regarding the recent price hike in the UK and Europe due to gas supply shortages
“Having a market-based solution to a security of supply event, such as the recent one, means that the cost of meeting these unexpected events is as low as possible, while the price for that security is transparently and competitively set. The UK and Italian cases provide further support for having the right market-based solutions to the security of gas supply problems.”
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