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Desmond Choo on Energy (Resilience Measures and Miscellaneous Amendments) Bill

Allowing the Energy Market Authority (EMA) to build and run critical infrastructure will ensure that energy supply remains resilient, but there are concerns that EMA will act as both regulator and owner or operator of power plants, said MP Desmond Choo in Parliament on Tuesday (Nov 2). He asked for clarification on tackling potential conflicts of interest. Mr Choo also asked if empowering EMA to impose requirements to cut greenhouse gas emissions will mean higher business costs for companies, leading to higher electricity tariffs for consumers; and if so, how the impact will be softened, especially for SMEs and lower-income households. On the recent exit of several retailers from the Open Electricity Market, he suggested reducing the number of approved retailers to avoid disruptions to consumers.

Desmond Choo on Energy (Resilience Measures and Miscellaneous Amendments) Bill

02 Nov 2021 03:01pm

Allowing the Energy Market Authority (EMA) to build and run critical infrastructure will ensure that energy supply remains resilient, but there are concerns that EMA will act as both regulator and owner or operator of power plants, said MP Desmond Choo in Parliament on Tuesday (Nov 2). He asked for clarification on tackling potential conflicts of interest. Mr Choo also asked if empowering EMA to impose requirements to cut greenhouse gas emissions will mean higher business costs for companies, leading to higher electricity tariffs for consumers; and if so, how the impact will be softened, especially for SMEs and lower-income households. On the recent exit of several retailers from the Open Electricity Market, he suggested reducing the number of approved retailers to avoid disruptions to consumers.

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