More energy-intensive firms in Singapore reducing power usage during peak periods
As the energy crunch steamrolls across the world, Singapore's Energy Market Authority says it has seen those in energy-intensive sectors, such as manufacturing, cut their power consumption during peak periods. A demand-response programme, which rewards them for reducing energy use when demand and prices are high, has seen participation increase from four consumers in 2023 to 16 this year. Nasyrah Rohim reports.
As the energy crunch steamrolls across the world, Singapore's Energy Market Authority says it has seen those in energy-intensive sectors, such as manufacturing, cut their power consumption during peak periods. A demand-response programme, which rewards them for reducing energy use when demand and prices are high, has seen participation increase from four consumers in 2023 to 16 this year. Nasyrah Rohim reports.
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