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…
LNG Vesting Scheme
In 2010, the Energy Market Authority (EMA) introduced the LNG Vesting Scheme, where LNG is factored in as a source of fuel when determining the Vesting Price of the Vesting…
Vesting Contracts
The Energy Market Authority (EMA) has promoted efficiency and competition in the electricity market for the benefit of consumers. Aiming to curb the exercise of market power by the power…