Milestones
These are the key changes in the development of the energy landscape in Singapore.
| Date | Event |
|---|---|
| Apr 2001 |
EMA set up to focus on liberalising the electricity and gas markets as well as ensure security of the power system. Singapore Power Ltd’s electricity generation business was divested to level the playing field in the electricity industry. |
| Jan 2002 |
PowerGas Ltd’s gas import and retail business divested to level the playing field in the gas industry. |
| Jan 2003 |
The National Electricity Market of Singapore commenced operation thus enhancing competition in the supply of wholesale electricity. |
| Jun 2003 |
Opening of the retail electricity market thus providing retail choices to 10,000 large non-residential consumers. |
| Aug 2006 |
Government's decision to import LNG to enhance energy security through diversifying supply sources. |
| Sep 2008 |
Opening of gas market thereby promoting competition in the gas industry. |
| Dec 2008 |
Completion of restructuring of the wholesale electricity market with Temasek’s divestment of the 3 generation companies. |
| Jun 2009 |
Government's decision to build and own Singapore’s first LNG import terminal which is expected to start up by 2013. |
| Jul 2009 |
EMA’s mandate broadened to oversee the further development of the energy market to forge a progressive energy landscape for sustained growth. |