Power Engineering Chapter
IEEE Singapore Section

Abstract:
In this sharing session, a broad overview of NEMS looking at the industry and market structure will provide interested parties an understanding of the key players involved and its relationship between them in the National Electricity Market of Singapore (NEMS).  The key market features that put NEMS in the fore-front of a liberalized electricity market will also be discussed.  With that, the session will then review the key market prices traded in NEMS and looked at how it had performed since the market started in 2003. 

In a liberalized market, players in the industry constantly seek opportunities to provide value to consumers and one such service that sprang up was generation companies tying up with the gas importer to provide a complete distributed generation (DG) solution to users.  As oil prices soared to their new record highs in recent months, this has led to higher electricity prices.  Hence, it has garnered much interest from the big industrial consumers to have their own distributed generation to supply to their own electricity needs in the long term.  In this brief sharing on the market operations of distributed generation, we will look at the benefits of DG to consumers, the current regulation on DG, its modeling in NEMS as well as market challenges facing the DG.

Biography:
Henry Gan is charged with delivering the pricing and information aspects of the NEMS. His particular areas of focus include market operation processes for the determination of dispatch and price schedules. In this regard, Henry is responsible for conducting price scenarios, market clearing schedule and price analysis and scheduled market status reporting.  He has significant industry and technical experience as he was prior to joining EMC in early 2001 as Market Operations Manager for the Singapore Electricity Pool with PowerGrid. Henry graduated from Nanyang Technological University with an Honours degree in Electrical Engineering.