Category: Uncategorized
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Energy Retail Rule Change 2026
Change in energy retailer rule 2026 Notification Requirements: Retailers must notify consumers twice about upcoming auto-renewals, with the first notification sent at least 10 business days before contract expiry and the second sent within three days before or on the day of the auto-renewal Fee Waiver: Retailers will be required to waive early termination fees for consumers wishing to end their contracts within the first 60 days of auto-renewal, up from the previous 30 days. Communication Methods: Notifications must be sent via mail and mobile communication channels such as SMS, WhatsApp, or via the retailer’s mobile application. These changes aim to enhance consumer protection and ensure transparency in the electricity market. The new rules will not apply to consumers of SP Group
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Perks for more S’pore businesses to reduce electricity use during peak periods
Quoted from Straits Times “More businesses will reap savings and earn rewards by lowering their energy usage during peak periods under an expanded programme by the Energy Market Authority (EMA). For example, businesses that own battery energy storage systems (ESS) of a certain capacity can reduce the electricity they draw from the grid during peak…
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Virtual Power Plant Concept
Quoted from EMA “As Singapore moves towards net-zero emissions by 2050, we will see a proliferation of Distributed Energy Resources (DERs). While DERs on their own may be small and distributed across multiple locations in Singapore, they can be aggregated to operate as a single generator to provide energy and ancillary services to the grid.…
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General Concept for Demand Response
A Demand Response exercise is a pre-determined scheduled off-set of power consumption to alternate sources such as a BESS Consumers to reduce their electricity demand voluntarily when wholesale electricity prices are high, in exchange for a share in the system-wide benefits. Such reductions in electricity demand typically help to reduce wholesale electricity prices.