Originally posted by maurizio13:
Since cost competiveness is the keyword these days, with the lowering of corporate tax rates and all.
I think we should get our electricity supply from Malaysia, since their cost is only:
The average tariff in Peninsular Malaysia, Sabah and Sarawak is 23.5 sen/kWh, 24.0 sen/Kwh and 27.1 sen/Kwh respectively.
http://www.st.gov.my/statistics/SESB.html
For your information, the sen use in Malaysia is half of Singapore's cent.
As compared to Singapore Power's charge of 21.64 cent/Kwh.
Current exchange rate is SGD 1.00 = MYR 2.35.
When you convert Malaysia's most expensive rate of 27.1 sen over to Singapore dollars, it's only [b]11.53 cents/Kwh as compared to the current 21.64 cents/Kwh.
Maybe it's time the government consider outsourcing it's energy needs to the more efficient energy company Suruhanjaya Tenaga (Malaysia), instead of relying on our inefficient Singapore Power.
The rate of 27.1 sen/Kwh is just an average rate, the rates can go as low as 16 sen/Kwh for Sabah.
http://www.st.gov.my/statistics/SESB.html
If Singapore Power is so inefficient!!!
Shut it down!!!
Don't waste our resources!!!!
We can get cheaper power from Malaysia!!![/b]
*yawn*Originally posted by ObiterDicta:You are likely to be paid more than twice the salary of a person doing the same job in Malaysia.
You want your pay to be equalised or not? If not, don't just anyhow hantam and kau peh kau bu.
Your grasp of energy economics is quite poor. You wrote about Middle East oil, but we don't use that to generate our electricity. We use natural gas from both Malaysia and Indonesia.
*yawn*
obiterdicta
Little boy, go and read up before you make all these bold remarks..the Malaysian government gives a retail subsidy of about 22% in addition to unknown amount of subsidies directly to the producers. The former is in the Malaysian government website I quoted. No studies on the latter have been performed but if you are interested to know about government subsidies in Australia, go read this paper:Originally posted by maurizio13:How much subsidies does the Malaysian government provide? Do you have any data on it?
Little girl,Originally posted by oxford mushroom:Little boy, go and read up before you make all these bold remarks..the Malaysian government gives a retail subsidy of about 22% in addition to unknown amount of subsidies directly to the producers. The former is in the Malaysian government website I quoted. No studies on the latter have been performed but if you are interested to know about government subsidies in Australia, go read this paper:
http://www.isf.uts.edu.au/publications/CR_2003_paper.pdf
you obviously underestimate our MIW, if they can devise cunning plans to milk the population of their money they can devise plans to keep the supply going even after a bombardment, and what good will an existing SAF do if it can't even protect the mainland from being blown back to the stoneageOriginally posted by maurizio13:Ermmm, with or without the vital supplies, do you think our electricity production plant will sustain an artillery bombarbment or other missiles?
During times of war, all the vital installations will be targeted.
Hehehe
Don't think linearly.
Unfortunately, we don't have any track record to prove it. All our soldiers are freshies, who may succumb to shell shock at the first sound of enemy fire directed at them and the sight of blood.Originally posted by vito_corleone:you obviously underestimate our MIW, if they can devise cunning plans to milk the population of their money they can devise plans to keep the supply going even after a bombardment, and what good will an existing SAF do if it can't even protect the mainland from being blown back to the stoneage![]()
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Is there self reliance on our agricultural products? If relationship turns sour where are we going to get our basic food? We can always get from other sources.Originally posted by Hocklez:pls, there is something call self reliance.
u might as well outsource everything to malaysia and when relations turn sour, see how u get ur cheaper electric...
going by your philosophy, we might as well outsource our defense to malaysia.Originally posted by maurizio13:Unfortunately, we don't have any track record to prove it. All our soldiers are freshies, who may succumb to shell shock at the first sound of enemy fire directed at them and the sight of blood.
That is your logic, not mine, I didn't say it.Originally posted by vito_corleone:going by your philosophy, we might as well outsource our defense to malaysia.![]()
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Good idea, they always let in FT to take away our jobs.Originally posted by miserable:hmm....like that hah ? Outsourcing is part of globalization right ? Maybe we should not only consider outsourcing electricity needs but also our gahment too.![]()
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Get a few FT that be able to do the job at a lower cost.
Like I said earlier on, we already rely on them for our natural gas. What if they don't give us the natural gas? Isn't it the same as not providing us the electricity? Same problem isn't it. Don't rely on them 100%, have other contingency plans.Originally posted by strikefreedom:Put aside the cost, think about what will happen if we rely on them for our power supply. What if we get attack by them? They will just need to cut off our electricity and we will be at their mercy in no time.
Also are their power station as reliable as other? You prefer to pay cheaper price and keep getting glitches or power surge every now and then or prefer to have a stable and reliable source?
Another issue is, what is their power station is down? One day of no electricity island wide in Singapore is equal to how much $$$ lost, go calculate it please.
Not all thing can be outsource. You may end up losing more then you think you are saving.
Originally posted by maurizio13:We don't rely on them 100% for our power generation fuel and that not the only point i mention. I do mention abt reliability too and the loses we will suffer if there a island wide power failure.
Like I said earlier on, we already rely on them for our natural gas. What if they don't give us the natural gas? Isn't it the same as not providing us the electricity? Same problem isn't it. Don't rely on them 100%, have other contingency plans.
Think nowadays can store the electricity.
[b]From the NYMEX Natural Gas Spot Rate:
It cost like 6.37 cents/Kwh using market spot rates for natural gas with 10% process loss, whereas Singapore Power charges us 21.64 cents/Kwh. [/b]
Power failure is due to cable damage done excessive digging due to road works.Originally posted by strikefreedom:We don't rely on them 100% for our power generation fuel and that not the only point i mention. I do mention abt reliability too and the loses we will suffer if there a island wide power failure.
Unless you can say they provide as good reliablity as what we getting at present, and you can be 100% sure that there won't be aggression by them, then this is nothing but a mindless rant.
Originally posted by maurizio13:LOL tell me which company like to make a loss? If they are going to make a loss, this mean goverment need to pump in $$$ and where does this $$$ come from? It from our reserves and tax. If this goes on for the next 10 years, i can't think what will happen to our reserves that we save up so hard.
[b]Do you know that Singapore Power has a "Return On Equity" of 26%?
Means if you have $100 capital invested in the business, you get a return of $26 at the end of the year.
KNN which stock market can give this kind of return for such low a risk?[/b]
OMG you noob. Power failure are due to many reasons not just cable been damage. LOL There no 100% reliablility, this i agree, but can they sustain the same reliability as we have at present? malaysian end oni generate electricity, does that mean that their power station will not have down time? WOW u sure got faith in them. LOL maybe they should hired u as their ambassador to promote their company.Originally posted by maurizio13:Power failure is due to cable damage done excessive digging due to road works.
As the electricity can be store, we should be able to store sufficient amount to provide for such contingencies.
All the major power failure you see here is due to the Singapore Power's fault, the substation overload, something they didn't service broke.
The Malaysian end only generate electricity.
In this world, nobody can guarantee you anything with 100% certainty, other than death and taxes.
26% for utilities is probably too high for a sector known for stable returnsOriginally posted by strikefreedom:LOL tell me which company like to make a loss? If they are going to make a loss, this mean goverment need to pump in $$$ and where does this $$$ come from? It from our reserves and tax. If this goes on for the next 10 years, i can't think what will happen to our reserves that we save up so hard.
Originally posted by maurizio13:
[b]Natural Gas Trade In The Market Without Government Subsidies.
Current Spot Price for Natural Gas NYMEX.
USD 10.77/MMbtu
1 MMbtu = 1,000,000 btu
1 Kwh = 3413 btu
1,000,000 btu / 3413 btu = 292.99 Kwh
USD 10.77 X 1.56 = SGD 16.80
which means SGD 16.80 will produce 292.99 Kwh of electricity. I am not sure what is the process loss (of if there is any) during the conversion from natural gas to electricity, but let's say it's 10%. So we end up with (292 Kwh X 90%) = 263.69 Kwh.
If you divide the cost by the 263.69 Kwh, you get:
6.37 cents/Kwh as compared to 21.64 cents/Kwh for Singapore Power
http://tonto.eia.doe.gov/oog/info/ngw/ngupdate.asp
We can have a process loss during conversion of up to 50% and still make a hefty profit when we sell at 15 cents/Kwh.
292.99Kwh x 50% = 146.50Kwh
SGD 16.80 / 146.50 Kwh = 11.47 cents/Kwh
[/b]
Dun forget they have other investment in other countries too. So 26% may not be pure profit made in SingaporeOriginally posted by kilua:26% for utilities is probably too high for a sector known for stable returns