Singapore proposes law to boost regulatory oversight of gas and power sector

Singapore’s Ministry of Trade and Industry has proposed new legislation in the parliament that will allow its energy regulator, the Energy Market Authority, to monitor the gas and electricity market and infrastructure more closely during emergencies, and take measures in the event of disruptions due to efforts to decarbonize the power sector. While some of the steps related to centralizing…Singapore’s Ministry of Trade and Industry has proposed new legislation in the parliament that will allow its energy regulator, the Energy Market Authority, to monitor the gas and electricity market and infrastructure more closely during emergencies, and take measures in the event of disruptions due to efforts to decarbonize the power sector. While some of the steps related to centralizing…  Read More