About EMA

Who We Are

Learn about EMA’s leadership, milestones and accomplishments.

Join Us

Explore the career, scholarship and internship opportunities available in EMA.

  • Experienced Professionals
  • Early Careerists
  • Scholars

Our Energy Story

Overview

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

Energy Supply

Gain insights on the power behind 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

Energy Prices in Singapore: What You Need to Know

Learn how global fuel disruptions affect Singapore's electricity prices and explore ways to reduce energy costs.

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 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.

eSERVICES

Get quick access to EMA’s services for application of worker licences, scholarships and more.

e-Licence Information Services (ELISE) Portal
Online Survey System (OSS)
EMA Scholarship Portal (BrightSparks)

Government officials will NEVER ask you to transfer money or disclose bank log-in details over a phone call. Call the 24/7 ScamShield Helpline at 1799 if unsure. For more information on how to protect yourself against scams, please visit www.scamshield.gov.sg.

How are wholesale electricity prices determined?

Wholesale electricity prices are determined in the Singapore Wholesale Electricity Market (SWEM), where power generation companies submit offers every half-hour indicating how much electricity they can supply and at what price. As fuel costs comprise the majority of power generation costs, power generation companies’ offers are heavily influenced by fuel costs and volatility of fuel costs.

For instance, following the supply chain tightness seen from late 2021, and the Russia-Ukraine conflict that began in Feb 2022, monthly USEP remained elevated at an average of approximately $0.32/kWh from Oct 2021 through May 2023 with spikes to more than $0.45/kWh in some months, and only returned below $0.20/kWh after July 2023 onwards. As shown in the chart below, the average USEP spiked several times in this period, reflecting high and volatile prices. 

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