On 15 October 2019, the Singaporean Energy Market Authority (EMA) reported on The Success of Full Retail Competition for electricity. About 40% of residential consumers have switched to a new…
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…
Vesting Contracts made Singapore Consumers pay 2.7 Billion SGD over last 4 years
The Energy Market Authority (EMA) introduced Vesting Contracts in 2004 to curb the exercise of market power by the power generating companies (the Gencos). These contracts work well when the market…