Thursday, 3 November 2011

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Singapore considers electricity futures trading market

  • Thursday, 3 November 2011
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  • TuoiTreNews.vn, 3 Nov 2011
    SINGAPORE, Nov 3 (Reuters) - Singapore is looking at an electricity futures market that will allow industry players to hedge their pricing risk while providing new business opportunities for financial firms and energy traders, the head of the city-state's energy regulator said on Thursday.
    Such a market will help to raise transparency and reduce risk for new power generators and retailers entering the market, said Chee Hong Tat, the chief executive of the Energy Market Authority. Full story

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