Energy Market Company

Forging A Resilient Market

NEMS Real-time Energy Prices and Demand

See all NEMS charts

CURRENT DATE/TIME
27 Apr 2025

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

See all news & announcements

Latest MSCP determination

The Market Surveillance and Compliance Panel (MSCP) made one determination in March 2025.

Singapore Electricity Roundtable 2025: The Heartbeat of the Energy Industry

Save the date! The 14th biennial Singapore Electricity Roundtable returns on 29 August 2025 at The Singapore Edition Hotel.

Demand Side Management Sandbox 2024

The Demand Side Management (DSM) Sandbox was launched by the Energy Market Authority (EMA) in October 2022 and interested companies can participate in the Sandbox from 1 January 2023 to 31 December 2024.

Market Update for January and February 2025

The monthly average USEP dropped by 20.2 percent to $101.46/MWh in January and grew 7.3 percent to $108.88/MWh in February.

New Entrants to the NEMS in January and February 2025

Three new market participants and seven new facilities were registered in the National Electricity Market of Singapore in January and February.

Market Information Sharing Forum in January 2025

Our Markets and Operations team hosted the 139th session of the bi-monthly Market Information Sharing Forum (MISF) on 16 January.

Year of the Snake

Our Lunar New Year celebrations in February was attended by the EMC Board and colleagues from our parent company – SGX Group.

MSCP Market Watch Q4 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 China Huaneng Group and Tuas Power, and EDF

We are honoured to welcome delegates from China Huaneng Group and Tuas Power on 3 December, and delegates from EDF Research & Development on 13 December.

Understanding more about the Brazilian Power Market

As a member of the C5 committee of CIGRE Australia, EMC is pleased to invite industry experts from CIGRE Brazil, Carlos Dornellas and Alexandre Viana, to share about the state of the Brazilian Power Market.

Rule Change Update - Review of the Forms of Credit Support in Singapore Wholesale Electricity Market

One rule change was approved by the Energy Market Authority in November.

Re-appointment of Market Surveillance and Compliance Panel Members

EMC is pleased to announce that the EMC Board has re-appointed Professor Walter Woon as Chairman of the Market Surveillance and Compliance Panel (MSCP) and Dr Stanley Lai as a member of the MSCP.

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.

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.