Meta Data
Draft: 
No
Revision of previous policy?: 
No
Draft Year: 
2001
Effective Start Year: 
2022
Scope: 
National
Document Type: 
Act
Economic Sector: 
Power
Energy Types: 
Power
Issued by: 
Republic of Singapore
Overall Summary: 
This Act seeks to create a competitive market framework for the electricity industry, to make provision for the safety, technical and economic regulation of the generation, transmission, supply and use of electricity, and for other matters connected therewith, to repeal the Electrical Workers and Contractors Licensing Act (Chapter 89 of the 1985 Revised Edition), and to make consequential amendments to certain written laws.
Investment
Electricity wholesale markets: 
Consumers may purchase electricity indirectly from any wholesale electricity market through a market support services licensee at prevailing market prices or purchase directly from wholesale electricity markets provided they have been granted a license by the Energy Market Authority to do so. ---- Additionally the Energy Market Authority is responsible for the Establishment and governing of any wholesale electricity market; and agreements and arrangements in connection with trading.
Governance
Energy management principles: 
The Energy Market Authority shall be charged with the general administration of this Act [...].