- full reply here
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Although achieving full retail contestability of the retail electricity market will be an important achievement, the real key to realising the benefits of the deregulated electricity market is a fully liberalised, competitive natural gas industry. The reason is simple: Most electricity in Singapore is produced by plants that use natural gas and most of the marginal cost of producing electricity from such plants is the cost of natural gas.
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This will give them another excuses to increase the tariff of electricityOriginally posted by ctstalin:why can't we go nuclear?
no greenhouse gas, no need to worry about oil prices, availability of uranium in africa, small amount of uranium can generate a lot of electricity, can develope our own nuclear weapons if the need arises![]()
either we get out of singapore and branded as quittersOriginally posted by dragg:they just increase as they like because they monopolised the market.
what can we do when our govt dont even give a damn.
Originally posted by phber:Every increase in electricity tariff is explained by Singapore Powers as due to an increase in oil prices because oil is the main resource used in generating electricity.
In ST today, we see a reply by Island Power Company:
- full reply here
So, what exactly do we use to generate electricity?