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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.

Consumer Information

Electricity

Get tips on buying electricity and protecting your family from electrical hazards.

Gas

Learn about purchasing gas and safeguarding your family against gas hazards.

Solar

Access information on installing solar panels at your home and selling excess electricity to the national grid.

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 Partnerships

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.

Welcome to EMA’s new website. We would love to get your valuable feedback through FormSG.

EMA, in its capacity as the Power System Operator, publishes the finalised 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/over recovery at the end of each fiscal year, PSO is required (under Chapter 2 Section 12.1.5 of the Market Rules) to publish the revised expenditure, revenue requirements and schedule of fees as soon as practicable.

The revised expenditure and revenue requirements and schedule of fees (as at 1 August 2023) are shown in the table below.

  FY2021/22 FY2022/23 FY2023/24
PSO proposed expenditure and revenue requirement for 3-fiscal year period ($'000) 30,773 32,044 33,961
Previous year's audited adjustments (5,402) (2,351) (1,552)
PSO finalised expenditure and revenue requirement for each FY  25,371 29,693 32,409
Projected Electricity Sales (GWh) 50,061* 50,650 50,586
Estimated PSO Fees ($/MWh)** 0.2534 0.2931 0.3203

Note:
(1)* Actual Electricity Sales figure for previous fiscal years.
(2)**Based on MWh traded (~2 times of Projected Electricity Sales from the official EDF2022) in the wholesale electricity market. The PSO Fee excludes the estimated PSO Fixed Fees (which was introduced in 1 July 2018) of $200,000 annually, which will be collected separately.
(3) The following PSO Fixed Fees were introduced with effect from 1 July 2018 as part of cost recovery of PSO Fees. 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