Please use this identifier to cite or link to this item: https://doi.org/10.1016/j.enpol.2004.08.015
DC FieldValue
dc.titleEfficiency and deregulation of the electricity market in Singapore
dc.contributor.authorChang, Y.
dc.contributor.authorHin, Tay T.
dc.date.accessioned2011-05-03T08:08:35Z
dc.date.available2011-05-03T08:08:35Z
dc.date.issued2006
dc.identifier.citationChang, Y., Hin, Tay T. (2006). Efficiency and deregulation of the electricity market in Singapore. Energy Policy 34 (16) : 2498-2508. ScholarBank@NUS Repository. https://doi.org/10.1016/j.enpol.2004.08.015
dc.identifier.issn03014215
dc.identifier.urihttp://scholarbank.nus.edu.sg/handle/10635/22323
dc.description.abstractThis study examines production efficiency of electricity generation in the New Electricity Market of Singapore (NEMS), where deregulation is currently proceeding. Singapore is reliant on foreign direct investments and exports so competition from countries with lower costs such as China and India is exerting pressure on the government to reduce the costs of doing business here. Electricity cost is one of these. Deregulation is believed to be able to bring about lower electricity costs due to the various efficiency gains possible. This study concerns itself mainly with production efficiency and attempts to calculate possible production efficiency gains by using linear programming model. Production-efficiency gains are quantified by the base case scenario of continued regulation versus four counterfactual deregulation scenarios. The results indicate that cost gains could be about eight per cent of current production cost, and this is possibly a lower-bound estimate. However, whether the purported efficiency gains are realized is to be seen as the deregulation proceeds. © 2004 Elsevier Ltd. All rights reserved.
dc.description.urihttp://libproxy1.nus.edu.sg/login?url=http://dx.doi.org/10.1016/j.enpol.2004.08.015
dc.sourceScopus
dc.subjectDeregulation
dc.subjectEconomic efficiency
dc.subjectElectricity market
dc.typeArticle
dc.contributor.departmentECONOMICS
dc.description.doi10.1016/j.enpol.2004.08.015
dc.description.sourcetitleEnergy Policy
dc.description.volume34
dc.description.issue16
dc.description.page2498-2508
dc.description.codenENPYA
dc.identifier.isiut000238933200007
Appears in Collections:Staff Publications

Show simple item record
Files in This Item:
There are no files associated with this item.

SCOPUSTM   
Citations

16
checked on Jul 13, 2020

WEB OF SCIENCETM
Citations

13
checked on Jul 6, 2020

Page view(s)

496
checked on Jun 30, 2020

Google ScholarTM

Check

Altmetric


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.