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…
The Success of Full Retail Competition – Revisited
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…