Electricity suppliers are reducing participation in some tenders as outage uncertainty and balancing exposure make contract economics harder to hedge.
The core problem is not demand volume. It is risk allocation in procurement terms, including penalty design, payment timing, and price adjustment flexibility during volatile market windows.
When risk sharing is imbalanced, fewer qualified bidders stay in the process, which can weaken competition and increase procurement vulnerability for municipalities and state buyers.
Improved tender architecture with clearer settlement mechanics and realistic risk distribution is now essential to secure reliable supply commitments.
