Thursday August 17, 2006

Energy authority mulling over market for electricity futures

business-times.asia1.com.sg :

The Energy Market Authority (EMA) is looking into the possibility of starting a market for electricity futures, as revealed in a recently released "Statement of Opportunities for the Electricity Industry in Singapore". Industry sources said a futures market may take a few years to take off, seeing that electricity futures markets in other countries are generally not very liquid.

At present, only about 70% of the marketplace here is contestable. 'We would like to see full retail contestability first,' the source said, referring to retailers here being able to supply all customers, including smaller businesses and households. EMA indicated in its report that it would decide on full contestability this year.

See also :

1. Diamond Energy enters Singapore wholesale electricity market
2. Singapore electricity tariff to go up next quarter
3. Singapore electricity rates up (yet again) from Jan 1

(2006-08-17 06:41:15 SGT) [Energy] Permalink

Most popular blog postings on lowem.log :

1. 2010 Nissan Leaf electric car specifications : 107hp, 24KWh lithium-ion batteries, 100-mile range
2. 2010 Honda CR-Z hybrid, 2010 Honda Fit/Jazz hybrid models confirmed
3. 2010 Honda Civic Hybrid preliminary specifications released
4. Singapore SIBOR rate falls to 0.69% in Jan 2009, lowest since Apr 2004
5. How to insert currency exchange rates into Google Spreadsheets
6. Singapore : Nuclear power not ruled out
7. Live spot gold price quotes chart on COMEX
8. 2010 Toyota Prius specifications released : 50 mpg, 1.8L, 134hp, Ni-MH, solar roof option

Featured articles on lowem.log :

1. 2010 Honda Civic Hybrid preliminary specifications released
2. 2010 Honda CR-Z hybrid, 2010 Honda Fit/Jazz hybrid models confirmed
3. 2010 Toyota Prius specifications released : 50 mpg, 1.8L, 134hp, Ni-MH, solar roof option
4. Honda, GS Yuasa JV to make lithium-ion batteries for 2010/2011 Honda Civic Hybrid
5. New efficient nanotech materials may boost enhanced geothermal power systems
6. NYMEX crude oil recovers from $32.40 low after 2.2 mbpd OPEC production cut announced
7. Singapore property market recovery seen as private home sales surge 52% in Jul 2009
8. Singapore SIBOR rate falls to 0.69% in Jan 2009, lowest since Apr 2004