- Asia's First Liberalised Electricity Market
- On 1 January 2003 the National Electricity Market of Singapore (NEMS) opened for trading, placing Singapore at the forefront of a global movement to liberalise the electricity industry.
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- Market Players
- Singapore’s electricity industry is structured to facilitate competitive wholesale and retail markets. To promote the entry of new participants, licenses have also been granted to parties that intend to establish new businesses to participate as electricity generators or retailers.
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- Governance
- The governance bodies appointed by EMC play an important role in evolving the market, monitoring the efficiency and fairness of market operations and enforcing the market rules and ensuring that any disputes are dealt with in a fair, efficient and cost-effective manner.
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- Market Rules
- The Singapore Electricity Market Rules (Market Rules) govern wholesale operations of the NEMS.
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