Category: Uncategorized
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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 Interruptible Load Scheme
The ILS program is designed to incentivize large electricity consumers to reduce energy consumption during periods of high demand. Reduction methods can include BESS to provide stored electricity during periods of high demand, turning off non-essential equipment, adjusting heating and cooling systems. Payment to participating businesses varies based on the level of reduction achieved and…
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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.