Singapore and UK Energy Regulatory Agencies to Enhance Bilateral Cooperation

18 Nov 2019

              Singapore's Energy Market Authority (EMA) and the UK Office Of Gas and Electricity Market (Ofgem) held their first bilateral dialogue towards stronger energy cooperation between the two countries. This marks a step towards formalising a framework for Singapore and the UK to hold more in-depth discussions on energy regulatory issues.

2.         Both regulators met at Ofgem's UK office to share regulatory best practices, and challenges and opportunities in their respective electricity and gas markets. The two agencies also discussed the role of emerging technologies in enhancing energy resilience and security.

3.         Mr Ngiam Shih Chun, EMA's Chief Executive, welcomed this bilateral dialogue as a milestone in Singapore's energy cooperation with the UK. He said: "EMA and Ofgem have built strong linkages over the years. Both agencies will benefit from closer collaboration and sharing of best practices in regulating our electricity and gas markets. We look forward to growing this partnership with Ofgem."

4.         Mr Dermot Nolan, Chief Executive Officer of Ofgem, said: “I was delighted to host the EMA. While there are naturally differences between our two energy markets, we face many common challenges, such as creating a secure and sustainable energy system for the future. We look forward to continuing to work with the EMA in the future.”

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