Three rule changes were approved by the Energy Market Authority in July.

We are pleased to share that the EMC team has once again scored exceptional results based on our key performance measures for FY2023/2024.

The monthly average USEP fell 32.6 percent to $123.23/MWh in July, and extended its decline by an additional 14.2 percent to $105.74/MWh in August.

Two new facilities were registered in the National Electricity Market of Singapore (NEMS) in August 2024.

Our Markets and Operations team hosted the 136th session of the bi-monthly MISF on 18 July.

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.

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

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.

Three new facilities were registered in the National Electricity Market of Singapore in May and June.

Our Markets and Operations team hosted the 135th session of the bi-monthly MISF on 16 May.