Energy Market Company

Forging A Resilient Market

NEMS Real-time Energy Prices and Demand

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CURRENT DATE/TIME
21 Nov 2024

CURRENT PERIOD: 35

LAST UPDATED
Saturday, February 18, 2023 08:30 AM

Asia's First Liberalised Electricity Market

The National Electricity Market of Singapore opened for trading on 1 Jan 2003, placing Singapore at the forefront of a global movement to liberalise the electricity industry.

Learn about Asia's first liberalised energy market

Providing Training and Support

EMC offers training and support to the National Electricity Market of Singapore (NEMS) and other interested parties.

Making Connections

EMC completes the connection between those who make electricity in Singapore and those who use it. Like a stock exchange for electricity, all of Singapore's electricity is bought and sold through us.

Sustainability Goals

Sustainability is at the core of everything we do. From the energy industry that we lead, to the customers that come through our PowerSelect platform, and from the market participants that we support, to the communities that we operate in, sustainability is at the cornerstone of our strategy and decision-making.

Our Sustainability Commitments

News & Announcements

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MSCP Market Watch Q3 2024 - latest issue

The MSCP Market Watch is the quarterly publication of the Market Surveillance and Compliance Panel sharing market surveillance observations and market compliance statistics.

Visits by Meralco PowerGen, PacificLight, China Huaneng Group, and Tuas Power

We are honoured to welcome delegates from Meralco PowerGen (MGEN), Global Business Power, and PacificLight Power on 4 Sep, and delegates from China Huaneng Group and Tuas Power on 10 Oct.

APSN Chaoyang School Children’s Day Celebration 2024

EMC is proud to be a part of APSN Chaoyang School's Children's Day Celebration 2024 on 3 October.

Market Update for September and October 2024

The monthly average USEP increased by 7.1 percent to $113.23/MWh in September. In October, the USEP continued its uptrend for the second consecutive month, climbing 53.8 percent to $174.12/MWh.

New Entrants to the NEMS in September and October 2024

Five new facilities were registered in the National Electricity Market of Singapore in September and October.

Market Information Sharing Forum in September 2024

Our Markets and Operations team hosted the 137th session of the bi-monthly MISF on 12 September.

Latest MSCP determinations

The Market Surveillance and Compliance Panel (MSCP) made two determinations in October 2024.

Revised Catalogues of Data and Monitoring Indices

The Market Rules require the Market Assessment Unit (MAU) to develop catalogues of data and monitoring indices under the supervision and direction of the Market Surveillance and Compliance Panel (MSCP). These catalogues serve as an information requirements system and criteria for evaluation, to enable effective monitoring of the market.

Ancillary Services Contracts page is now available

The page provides an overview of the contracted ancillary services and shares insights on the upcoming ancillary services contracts.

NEMS Market Report 2023 now available

The NEMS Market Report provides a comprehensive overview of the market activities and shares insights into the performance of the NEMS over the past year.

MSCP Annual Report 2023 now available

The MSCP Annual Report 2023 assesses competitiveness, efficiency and market rule compliance within the NEMS over the past year.

New MSCP occasional paper published in April 2024

The Market Assessment Unit (MAU) under the direction of the Market Surveillance and Compliance Panel (MSCP) has conducted studies in relation to the efficiency and fairness of the National Electricity Market of Singapore (NEMS). Occasional papers on the subjects covered are published.

NEMS 20th Anniversary Gala Dinner

We celebrated the National Electricity Market of Singapore (NEMS) 20th Anniversary with 200 industry partners at the NEMS 20th Anniversary Gala Dinner, held on Friday, 27 October 2023 at W Singapore, Sentosa Cove.

NEMS 20th Anniversary Commemorative Book

EMC has commissioned a coffee table book to mark the 20th Anniversary of the National Electricity Market of Singapore (NEMS).

PowerSelect, an Online Electricity Procurement Portal

EMC launched PowerSelect in 2018 to help businesses secure the best electricity offers in the shortest possible time.