How does the electricity market work in Singapore? - Seedly

SeedlyTV EP08

Electricity Market

General

Asked by Anonymous

Asked 1w ago

How does the electricity market work in Singapore?

How does the electricity market work in Singapore?

1

Answers (1)

Sort By

Most Upvote

  • Most Upvote
  • Most Recent
Alber
Alber
Level 2. Rookie
Answered 5d ago

From the website of www.emcsg.com, it looks like electricity pricing is priced on half hourly in the wholesale market in Singapore.

All generation in SIngapore has to be plugged to the National grid where SP Power assets continue and operate the grid. The electricity supply is the same as before and will be reliable as compared to other regions of the world.

Electricity retailers then have to buy electricity from the wholesale market (which the price depend on market forces) In general, your electricity supply remains the same and the prices would be just a financial contract between residential households and the retailer.

0 comments

0