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Southeast Asian countries will need to accelerate their transition to clean energy to limit their dependence on imported fuel and rein in inflationary pressures, analysts said.
Electricity prices for households are poised to rise in 2024 as power generation companies will face a higher tax for their carbon emissions.
The first of its kind initiative involves participating households with smart electricity meters installed monitoring their energy use through the SP mobile app, which will send alerts.
SINGAPORE (The Straits Times/Asia News Network): Singapore will import 1.2 gigawatts (GW) of low-carbon electricity – primarily wind power – from Vietnam, which will fulfil the Republic’s target of importing 4GW of renewable energy by 2035 via electricity imports.
Singapore News - Consumers have better protection against volatile electricity prices, with stricter requirements for retailers coming into force on Monday. Under the new rules, electricity retailers must have minimum paid up capital of at least $1 million when they apply for or renew their... Read more at www.tnp.sg