Price fluctuations biggest risk for power companies says Aon

Regulatory and legislative changes feature as the second biggest risk. Aon attributes this to uncertainty regarding policy in the power industry due to new legislation on emission trading. Increasing pressure on governments to deliver renewable power and secure a green energy supply is also a contributing factor.

However, despite the ongoing impact of the credit crunch and global recession, capital-raising does not rank among utilities' priority risks. "We were surprised that the ability to rais

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