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Singapore power companies form local chapter of World Energy Council
A FEW power companies in Singapore have banded together to launch the Singapore chapter of the World Energy Council, marking the first time Singapore companies across the electricity supply chain are forming an industry association as the sector undergoes further liberalisation.
The Singapore chapter will be able to tap the network of the World Energy Council - a United Nations-accredited global energy body comprising 3,000 member organisations in 90 countries - for global insights and best practices on energy policy, innovation and sustainability.
The founding members are: Singapore Power, which will be the chairing organisation, Senoko Energy, YTL PowerSeraya, Tuas Power, PacificLight Power and Singapore District Cooling.
Said World Energy Council secretary-general Christoph Frei: "We are living in a new energy reality, one that is changing faster than ever. Creating a sustainable energy future will require positive leadership from governments, businesses and investors working together to enable the novel new policy and business frameworks."
"With Singapore's leading energy players driving this chapter, I am confident of seeing innovative new approaches that can also benefit the global energy community," he added.
Singapore Power CEO Wong Kim Yin said that the Singapore chapter of the World Energy Council is a platform for the industry to come together to provide robust thought leadership. "With rapid change around us, the industry has much to offer in being a catalyst for transformation and developing solutions to help consumers save energy and cost and improve quality of life," he said.