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Day: March 14, 2019

Open Electricity Market – Is Singapore Ready For It?

Open Electricity Market – Is Singapore Ready For It?

 Following its soft-launch in April 2018, the Open Electricity Market (OEM) is all set for a zone-wise rollout throughout Singapore starting November 1, 2018. The success of this project during the soft-launch has encouraged, as well as, catalysed its extension to all consumers islandwide. However, is Singapore ready for this new measure? What is the Open Electricity Market? Launching the Open Electricity Market means that consumers can choose to buy electricity from any retailer of their choice, as opposed to…

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