Structural growth intact for sector

The Energy Commission said that companies in Singapore currently paid premium prices for green energy, relative to prices in Malaysia.

PETALING JAYA: The establishment of a single market aggregator and an energy exchange is to facilitate price discovery and ensure a just and equitable energy transition.

In addition, besides upgrades required to the country’s existing power grid, tariff reforms and subsidy rationalisation are critical measures to spur greater adoption of renewable energy (RE), CGS-CIMB Research said.