Why Singapore’s New Power Deal Will Hit Your Wallet 🦖
Why Singapore’s New Power Deal Will Hit Your Wallet 🦖
Everyone is staring at July’s tariff hike, but the more interesting story is the quiet paperwork that decides what your SP bill looks like in 2035. A 3.4 gigawatt power import plan from Indonesia sounds like a policy headline, yet it is actually a map of who earns infrastructure fees, who carries the project risk, and how much of your future bill is still hostage to gas prices.
If you are planning how long your CPF and SRS can fund aircon in retirement, this is where the long game gets real, because today’s S$20 shock is a symptom of how concentrated our energy supply still is, while these MOUs quietly rebalance that over the next decade. The same goes for DFI’s leadership shuffle, a 0.3 per cent share move that tells you the market sees continuity, not crisis, in the people running your Cold Storage basket.
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