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Our Energy Story

Overview

Discover how the Singapore Energy Story sets the vision towards a net-zero energy future.

Energy Supply

Gain insights into the four switches that power Singapore’s economy and our daily lives.

Energy Demand

Discover ways to enhance energy efficiency and lower your carbon footprint.

Energy Grid

Explore how EMA ensures a reliable and secure energy supply for everyone.

Energy Market Landscape

Learn about the intricacies of Singapore’s energy market structure and operations.

Regulations & Licences

Regulations

Stay up-to-date with the latest regulations, policies and frameworks governing the energy sector.

Licences

Learn about the licences that EMA issues to different stakeholders in the energy sector.

Regulatory Publications

Read about the Codes of Practice and Circulars that EMA publishes to regulate the energy sector.

Partnerships

Calls for Proposal

Collaborate with EMA in co-creating innovative solutions for the energy sector.

Consultations

Give your comments and feedback on EMA’s policies and regulations.

R&D Engagements

Discover how EMA works with stakeholders to catalyse new and innovative digital technologies.

Talent Development

Learn about EMA’s efforts in nurturing talent and cultivate interest in the energy sector.

EMA, in its capacity as the Power System Operator, publishes the budget and fees for three consecutive fiscal years.

Under the Market Rules Chapter 2 Section 12.1.3, PSO is required to publish its finalised budget and fees for three consecutive fiscal years. Where there is under- or over-recovery at the end of each fiscal year, Chapter 2 Section 12.1.5 of the Market Rules requires the PSO to publish the revised expenditure and revenue requirements and schedule of fees as soon as reasonably practicable.

The revised expenditure and revenue requirements as well as the schedule of fees (as of 2 August 2024) are shown below:

  FY2024/25 FY2025/26 FY2026/27
PSO finalised expenditure and revenue requirement for 3-fiscal year period ($'000) 37,160 42,480 46,970
Previous year's audited adjustments (1,576) - -
PSO finalised expenditure and revenue requirement for each FY 35,584 - -
Projected Electricity Sales (GWh)* 53,555 55,822 59,289
Estimated PSO Fees ($/MWh)* 0.33 0.38 0.40

Note:
1. * Based on MWh traded (~2 times of projected electricity sales from the official EDF 2023) in the wholesale electricity market. The PSO Fee excludes the estimated PSO Fixed fees (which was introduced on 1 July 2018) of $200,000 annually, which will be collected separately.
2. The following PSO Fixed Fees were introduced with effect from 1 July 2018 as part of cost recovery of PSO fee. The total PSO's expenditure and revenue remains the same as published in the above table.
- Market Participant (MP) fee (annual): $3,500 per MP
- MP Registration fee (one-off): $1,650 per legal entity registration