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The consultation has closed for comments.
Consultation
The Energy Market Authority (“EMA”) is conducting a re-design of the Demand Response (“DR”) Programme that was first implemented in 2016. An effective demand response programme improves the overall efficiency of the market by allowing consumers to respond to real-time market pricing signals and managing their electricity usage. EMA continuously strives to ensure that ourprogramme frameworks remain relevant to facilitate participation by market players and consumers in support of demand side management initiatives for Singapore.
EMA had earlier put out a Consultation Paper “Review of the Demand Response Programme” in 2019 on proposals to tweak anti-gaming measures in the DRprogramme. EMA received further feedback that a more fundamental redesign would likely better enhance participation rate. Hence, EMA did not proceed with the proposed changes set out in the 2019 paper.
Considering industry feedback on aspects such as the remuneration approach, penalty and compliance regime, EMA conducted an end-to-end review of the DR programme with the aim to enable DR as a cost-effective solution for our electricity market, while ensuring a level-playing field. This paper aims to seek industry views on the proposed features of the revamped DR programme.
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