Speaking on March 4th 2021 at the Committee of Supply 2021, second Minister for Trade and Industry Tan See Leng said that "over the medium to long run, electricity prices…

Speaking on March 4th 2021 at the Committee of Supply 2021, second Minister for Trade and Industry Tan See Leng said that "over the medium to long run, electricity prices…
The Energy Market Company (EMC) determines the Singaporean wholesale electricity price based on supply and demand. It uses a sophisticated model which takes into account the physical characteristics of the…