Singapore is committed to achieving net-zero emissions by 2050. Reaching this goal will require coordinated action across the entire energy ecosystem. As the market operator of the National Electricity Market of Singapore (NEMS), EMC plays a pivotal role in supporting the nation's energy transition by ensuring that the market remains sustainable, resilient, competitive and ready for future needs.
Ensuring a Reliable and Sustainable Market
EMC operates a well-functioning and transparent wholesale electricity market that balances the needs of consumers, businesses and industry stakeholders. Through the NEMS, EMC provides reliable electricity while promoting sustainable energy sources and reduction in carbon emission. By fostering transparency, competition, and efficient pricing that reflects the true cost of the production and delivery of electricity, the market provides clear signals to support investments in cleaner and more efficient technologies.
Supporting Singapore's Energy Transition
As Singapore advances its clean energy ambitions and increases the adoption of low-carbon solutions, EMC works closely with regulators and industry stakeholders to evolve market mechanisms and strengthen system resilience. This includes enabling the integration of renewable energy through market and system enhancements, supporting the development of regional power connectivity, and facilitating the adoption of low-carbon solutions through robust market design and standards. EMC also contributes to broader initiatives to modernise market structures, enhance digital capabilities and safeguard long-term energy security and sustainability.
Building a Future-Ready Market
EMC is committed to ensuring that the NEMS adapts to changing demand patterns, technological advancements and an evolving generation mix. Together with industry partners and stakeholders, EMC continues to build a resilient and future-ready electricity market that underpins Singapore's long-term climate goals.
Small differences.
Huge impact.