Singapore is struggling to attract new players to its volatile power market, threatening to unwind reforms aimed at boosting competition and reducing electricity bills for consumers. Surging spot power prices over the last two years prompted an exodus of retailers, after it became unprofitable to continue operations. The nation’s regulator introduced a price cap last month to help tame these wild price swings, but participants are calling for more action to help revive the fledgling futures market. “I haven’t seen any new entrants in the last two years,” said Matthijs Guichelaar, chief executive officer of Flo ... (full story)