Liberalizing the Energy Sector
Singapore: Liberalizing the Energy Sector
The Public Utilities Board, which had been responsible for generation, transmission and supply of electricity to consumers, was reconstituted and became a regulator for the electricity industry, protecting consumer interests namely in terms of reliability and pricing. The restructuring promoted increased efficiency and innovation within the growing industry. Highly efficient Combined Cycle Gas Turbine (CCGT) and co-generation technologies are gaining favor in the new investment climate - plants running on less efficient technologies are being relegated to stand-by mode while CCGT plants remain in operation.
Date Implemented: 1995
Status: In Force; Mandatory
References: National Communication to the UNFCCC
Delicious
StumbleUpon
Reddit
Magnoliacom
Facebook