ELECTRICITY FUTURES SET FOR SINGAPORE

摘要

Generation companies, electricity retailers and consumers may clash over many issues but regarding the Singapore Exchange's (SGX) electricity futures market, they may actually come together in support. All three sides have plenty to gain when the electricity futures market - the first centralised of its kind in Asia outside Australia - comes online this October. "With a futures market, the generation companies are able to reduce market risk by locking in prices for their production. Electricity users will benefit when price transparency and competition lead to lower electricity prices," says Magnus Bocker, CEO of SGX.