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…
Do Electricity Prices depend on Supply and Demand?
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…
Singapore’s Power Supply Cushion – How to solve a Problem like Maria
In the last few years, the Power Generation Sector in Singapore has been struggling along with too much production capacity and too low prices. The Supply CushionSupply cushion is the ratio…