19 Dec '11, 7am

Plan to import electricity silent on exports

Singapore’s plan to import electricity – as set out in a consultation paper by the Energy Market Authority last week – is currently a one-way document which does not present the possibility for gencos here to export spare electricity to neighbouring countries as well. It covers, for instance, the issue of licensing for authorised importers, but is silent on exports. PowerSeraya – which in May this year did the first commercial power sales to Malaysia’s Tenaga Nasional – could only do so after getting an ‘exemption’ from the EMA under Singapore’s Electricity Act, and following approval from the Trade & Industry Minister. EMA’s proposed electricity imports of up to 600 megawatts per source country, which is quite sizeable, should also not undermine the billions of dollars in investments here, by both foreign and local corporations, in power generating capacity, industry offi...

Full article: http://www.eco-business.com/news/plan-to-import-electrici...

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