Please use this identifier to cite or link to this item: https://scholarbank.nus.edu.sg/handle/10635/219396
Title: EN-BLOC PURCHASE OF ELECTRICAL UNITS AND MANAGING AGENTS' ROLE
Authors: WONG FONG ENG ADELINE
Issue Date: 2004
Citation: WONG FONG ENG ADELINE (2004). EN-BLOC PURCHASE OF ELECTRICAL UNITS AND MANAGING AGENTS' ROLE. ScholarBank@NUS Repository.
Abstract: This research attempts to gather the perceptions of tenants, landlords and managing agents on the deregulating electricity market in order to have a better understanding of the New Electricity Market (NEM) in terms of its cost, convenience and awareness aspects. Thesekey aspects have been identified as areas of interests to be examined using a case study approach and later determining the most suitable strategy in achieving collective agreements. In Singapore, the process of developing the electricity industry to increase its competitiveness has given rise to the deregulation of the electricity market. Although the importance of the need for deregulation is recognised, most affected organisations only act in compliance to governmental regulations. Hence, how the parties involved view the challenges that come with the deregulations is of particular interest to the practitioners in the Singapore electricity industry. Energy Consultants were also selected to find out more about the insights of the case studies. The 'level of participation' in en-bloc process was used as a yardstick for measurement to analyse the parties' respond. Through in-depth interviews, valuable insights were obtained on how Managing Agents handle the importance of having a 100% consensus from tenants in terms of en-bloc agreements to a landlord. In addition, perceptions were also gathered on the relevancy of managing agents, the driving forces behind a successful en-bloc process, and factors needed to raise the awareness of NEM deregulations were examined. The findings show that managing agents should cultivate an environment of co-operation between landlord and tenants to facilitate en-bloc application. In addition, more recognition should be given to the managing agents, as it is a crucial assistant in executing en-bloc process. Eventually, when more people become aware, better results would be reaped for deregulation in the New Electricity Market.
URI: https://scholarbank.nus.edu.sg/handle/10635/219396
Appears in Collections:Bachelor's Theses

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