Electricity market liberalization and efficiency: evidence from Singapore

• Main Authors: Feng, Qu, Zhou, Shihao
• Other Authors: School of Social Sciences
• Format: Article
• Language: English
• Published: 2023
• Subjects: Social sciences::Economic theory; Market Liberalization; Electricity Market
• Online Access: https://hdl.handle.net/10356/164319
• Institution: Nanyang Technological University

Since 1995 Singapore has launched a series of reforms to liberalize its electricity market. More participants are introduced both in the power generation side as well as wholesale and retail markets to facilitate competition and promote efficiency. This paper aims to examine the efficiency of Singap...