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 source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
TRENDING NOW
Singaporeans can now buy record amount of yen per Singdollar
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
StarHub hands Ensign InfoSecurity control back to Temasek in S$115 million deal, books S$200 million gain
