Energy Market Company

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Overview

About:

EMC was established in 2001 as a joint venture between the Energy Market Authority (EMA) and M-co (The Marketplace Company) Pte Ltd. The EMA owns 51 percent and M-co holds 49 percent. EMC?s Board comprises five members, led by an independent chairman. EMC is the exchange for wholesale electricity trading, providing a transparent and competitive trading platform. Our key activities include calculating prices, scheduling generation, clearing and settling market transactions as well as supporting governance of the market. Managed and operated by a staff of about 60 professionals, we transact over S$5 billion of electricity products annually. EMC?s key business priorities are: Availability of market systems .Accuracy of pricing and security of settlement .Provision of market information .Compliance to market rules .Evolution of the market framework

Sector: Oil & Energy

Website: http://www.emcsg.com

Year Established: 2002