SINGAPORE – Households can save on their power bills by switching their electricity retailer online in just a few clicks with a new service launched on Friday (Nov 9) by real-estate services provider SRX Property . The service is offered on its srx.com.sg website and its mySG Home App. Its launch coincides with the start […]

Key Points Companies in Singapore can now engage in renewable energy certificates trading on a blockchain-powered system from utilities provider SP Group. The idea behind the asset is that firms seeking to offset their non-green energy production can purchase RECs from a company producing excess green power. The use of a blockchain is more than […]

EXXONMOBIL has announced that it will be contributing US$10m to the Singapore Energy Centre. The announcement was made on 31 October at Singapore International Energy Week 2018. The Singapore Energy Centre was created as a joint effort to transform the energy landscape and address future sustainability challenges. ExxonMobil will be the first founding industrial member […]

The liberalisation of Singapore’s electricity market has given consumers the freedom to choose their electricity providers. Will price comparison platforms like Voltz help Singaporeans switch to green energy? From 1 November, Singaporeans were given the power to choose their electricity provider. This is a first for Singapore residents—households have only been able to buy electricity from the national provider […]

Singapore — Singapore imported 636,206 mt of fuel oil from Mexico over January-October this year, down 44.7% a year ago, the latest data from Enterprise Singapore showed this week. Industry sources attributed the drop to lower running rates of refineries in the country. Mexico’s largest refinery, the 330,000 b/d Salina Cruz facility, was shut twice […]

INGAPORE–(BUSINESS WIRE)–ExxonMobil said today that it will contribute US$10 million over five years (S$14 million) to become the first industry founding partner in a new Singapore Energy Center partnership led by the Nanyang Technological University and National University of Singapore and designed to advance next-generation technologies. ExxonMobil signed a memorandum of understanding with the universities […]

IRENA will support renewables projects with its project facilitation platforms. The Association of Southeast Asian Nations (ASEAN) and the International Renewable Energy Agency (IRENA) inked a memorandum of understanding (MOU) formalising a partnership aimed at scaling up renewable energy deployment in the region. According to an announcement, IRENA will support the ASEAN’s pursuit of 23% […]

City Developments Limited and DBS were amongst the first of its renewable energy certificates (RECs) buyers. Singapore’s SP Group launched a digital marketplace powered by blockchain technology to allow companies to trade RECs which is a document used to offset the use of non-renewable energy, an announcement revealed. “Through blockchain technology, we enable companies to […]

SINGAPORE: The Energy Market Authority (EMA) is set to experiment with the deployment of energy storage systems (ESS) in Singapore, in a move that could bring cost savings for consumers. ESS are batteries or other forms of technology deployed on the power grid to store electricity when demand is low and discharge it when demand […]

The Singapore Power Group (SP) has initiated a marketplace, powered by blockchain, for renewable energy certificates (RECs). In a statement, the utilities provider said the blockchain-based platform, which was unveiled at the ASEAN Energy Business Forum, will help SP increase transparency and efficiency in its processes in REC transactions. Samuel Tan, chief digital officer at […]