SUBSCRIBERS
SGX electricity futures an enabling factor for new competition
Independent retailers welcome the futures, the first in Asia outside Australia, as it helps them hedge risks
Add BT as a preferred sourcePublished Wed, Jan 4, 2017 · 09:50 PM
Singapore
THE emergence of new competition in the electricity market has been heralded by a single factor: the new electricity futures on the Singapore Exchange, which have enabled independent retailers to hedge their risks.
Yet, with liquidity still lacking in the futures market, incumbents warn that a lack of effective hedging could result in new entrants going bust, posing risks to consumers and denting confidence in the overall market.
Copyright SPH Media. All rights reserved.
