According to Channelnewsasia: SINGAPORE: Singapore households will pay 25 per cent less for their electricity bills from January to March next year. The Energy Market Authority (EMA) said because of the global downturn, fuel oil prices have fallen by as much as 40 per cent. This is the first fall in electricity tariffs since April [...]
According To Channelnewsasia: SINGAPORE: Temasek Holdings has sold the Singapore generation company PowerSeraya to Malaysia’s YTL Power for S$3.8 billion. PowerSeraya is the third and last genco that Temasek had put up for sale. It had earlier sold Senoko Power and Tuas Power. The timing of the transaction was a surprise. Just a week ago, [...]
I used to work for a power generation company selling electricity and the formula for calculating the tariff is a complicated one. I don’t remember the exact formula but that is because I don’t understand it also. But in literal sense to understand how these works is trading. They purchase paper oil first in futures [...]
