For example, businesses that own battery energy storage systems (ESS) of a certain capacity can reduce the electricity they draw from the grid during peak periods by relying on their in-house batteries to run operations.
While a direct benefit of this programme is lower electricity costs and financial incentives for participating businesses, adjusting electricity demand in response to peaks will relieve stress on the grid during high-demand periods and unplanned outages.
This is especially important in the future when Singapore greens its electricity mix. Solar energy is intermittent due to cloud cover, and electricity imports can be potentially variable due to availability, market conditions and transmission constraints.
EMA introduced this "demand flexibility" scheme through a two-year pilot in 2022, which included participants from energy-guzzling industries.
Announcing an expansion to the Demand Response programme on Oct 21, Deputy Prime Minister Gan Kim Yong said businesses with ESS and ComfortDelGro, which has electric vehicle (EV) charging stations, will be joining the programme.
He was speaking on the first day of the annual Singapore International Energy Week at the Sands Expo and Convention Centre.
Peak electricity demand usually happens in the afternoon, when commercial and industrial activities are running at full speed. When demand is high, wholesale prices from the Singapore wholesale electricity market also rise.
Denne historien er fra October 22, 2024-utgaven av The Straits Times.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra October 22, 2024-utgaven av The Straits Times.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
HUT TO ART IN ZIMBABWE
The golden rays of the afternoon sun enhance the bold, hand-painted patterns on the mud walls of a round, thatched hut in Ms Peggy Masuku's village of Matobo in south-western Zimbabwe.
Actress Son Ye-jin celebrates son's second birthday
South Korean actress Son Ye-jin may be busy filming her latest movie, but she took time out to celebrate her son's second birthday.
Menswear Dog' and social media star Bodhi dies at 15
NEW YORK - Bodhi, a Shiba Inu whose smartly tailored sport coats and luxurious knitwear helped make him the rare canine menswear influencer, has died. He was 15.
Love Actually director Richard Curtis makes first foray into animation
Two decades after scoring a surprise holiday season global hit with Love Actually (2003), British film-maker Richard Curtis is making a bid to repeat the trick with his first foray into animation.
K-pop group NewJeans leave label Ador over 'mistreatment'
SEOUL - Chart-topping K-pop group NewJeans announced on Nov 28 their decision to leave their label Ador, accusing the company of \"mistreatment\".
Design News King Living premieres plush home theatre sofas
Australian luxury furniture brand King Living has launched its King Cinema Premiere Recliner collection, designed to transform living rooms into an immersive home cinema.
Anniversary concert a celebration of budding young talent
A CELLO LIFE VOICE OF THE CELLO 10TH ANNIVERSARY CONCERT
Mayday promise to 'make it up' to fans
Lead singer Ashin says the Taiwanese rock band are committed to give back \"what was owed\" at their upcoming concerts here
Kia Carnival returns with new look, powertrain
The multi-seater is perkier than its predecessor despite having a smaller, more efficient engine
Porsche Macan 4 is punchy, comfy and city-friendly
The compact electric sport utility vehicle is also spacious and exceptionally stable at high speeds
