The global energy landscape is changing rapidly. Global energy markets are becoming more volatile amidst geopolitical tensions and the global energy transition. Governments around the world are reviewing their approach towards energy markets to ensure energy security and stability. EMA has conducted a review of Singapore’s power sector and will be introducing guardrails to strengthen the existing competitive market structure. These enhancements will ensure that Singapore is well-positioned to navigate the energy transition.

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MINISTRY OF TRADE AND INDUSTRY

25 OCTOBER 2022