SINGAPORE (Nov 14): Energy Market Company (EMC), a wholly-owned subsidiary of Singapore Exchange (SGX), has developed a new online portal that helps businesses purchase electricity efficiently.

The portal named PowerSelect is an electricity procurement portal for businesses in Singapore, offering different procurement options including a unique 15-minute live auction and houses data from the wholesale and futures electricity markets to help businesses make decisions around their electricity purchases.

PowerSelect is also supported by a range and number of local electricity retailers.

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