The Success of Full Retail Competition

Form April 2018, 108,000 household accounts and 9,500 businesses in Jurong Singapore have the option to buy electricity from a retailer of their choice, or continue buying electricity from SP…

Singapore’s Market Model

In the wholesale market model that is used in Singapore, generation plants are dispatched based on their offers for electricity. The generation companies (the Gencos) offer electricity based on a Short Run…