All of us are dependent upon electricity to complete our most basic daily tasks, yet while many of us take notice when there is a spike in retail prices – especially when increases make national news like they have recently – for most of us, the workings of the wholesale electricity market remain obscure.

We created this video to give you a better understanding of how the wholesale market in Singapore works, introducing you to the key players and breaking down the process that sets the wholesale price, and how this ultimately impacts the monthly bill that lands in your letterbox.

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