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Energy Market Authority (EMA)
Sustainability
Keppel Energy one of five companies to receive EMA's approval to import low-carbon electricity from Indonesia
The latest projects bring Singapore closer to its ambition to import up to 4 GW of low-carbon electricity by 2035.
24 days ago
SIngapore energy market
EMA seeks bid for new power plant, introduces minimum net worth for electricity retailers
Power retailers must have a tangible net worth of at least $1 million when renewing or applying for a licence.
July 31, 2023
Broker's Calls
Knee jerk sell-offs for Sembcorp and Keppel ‘overdone’ and presents opportunity to accumulate: DBS
On the morning of June 20, shares in Sembcorp fell by 9% while shares in Keppel fell by 5%.
June 22, 2023
Broker's Calls
EMA’s energy price cap to have ‘minimal impact’ on Citi’s forecast for Sembcorp
Citi analyst Jame Osman has reiterated his "buy" rating for Sembcorp with an unchanged TP of $5.98.
June 21, 2023
Singapore economy
Singapore to end 3,000% power price spikes that sank companies
The Energy Market Authority will cap wholesale power prices from July 1.
June 19, 2023
Sustainability
MPA signs agreements to explore maritime digitalisation and decarbonisation
In addition, four organisations presented their initial findings on the feasibility of ammonia at the April 27 conference.
April 27, 2023
Sustainability
EMA grants Keppel Energy conditional approval for Cambodia renewable energy import project
Singapore plans to import up to 4GW of low-carbon electricity by 2035, comprising around 30% of its electricity supply.
March 17, 2023
Company in the news
Sembcorp successfully commissions Southeast Asia’s largest energy storage system
Shares in Sembcorp closed 3 cents higher or 0.89% up at $3.41 on Dec 22.
December 23, 2022
Sustainability
EMA appoints Sembcorp Industries to build energy storage systems on Jurong Island, ready in November
When operational in November, it will be the largest ESS deployment in Southeast Asia.
October 26, 2022
Sustainability
Singapore to tighten guidelines on electricity retailers, generation companies
Speaking at the Singapore International Energy Week (SIEW) 2022, Gan says the energy landscape has changed significantly.
October 25, 2022