OPWP floats advisory tender for electricity spot market
Oman Power and Water Procurement Co (OPWP) floated a tender for Market Management System (MMS) advisory service relating to the development of Oman’s electricity spot market. OPWP is planning to launch an electricity spot market (Oman Electricity Market) in 2020. According to the company, the spot market for electricity will operate alongside the existing system of long-term Power Purchase Agreements (PPAs) and Power and Water Purchase Agreements (PWPAs). (Muscat Daily)
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