Open Electricity Market (OEM) [NO SHARING/REQUEST OF CODES] - Part 5

[artered]

si bei **** liao lor..
submitted in end sep supposedly port to Tuas power 20 Oct, they change to 22 Oct..
now LLST sia.. avg each day near 30kwh..

You on old meter or ami usually ami can switch very fast if u can secure the date

 

[artered]

Means on 12th October you pay an average of $1.59/kWh? Am I understanding it correctly?

Yes you aren’t wrong which equates to $20 just for 12th Oct alone for my usage but luckily I managed to secure a next day slot with senoko as I have ami meter

 

[bladez87]

if only there were lesser unplanned maintenance.. and more supply from the generators..

What is this unplanned maintenance?
Where was it reported? Thanks

 

[yang_nastyman]

Only bill shock for those who stuck on SPWS. And for people on SPWS, they ought to have been aware of USEP behaviour (the underlying cost contributor) especially since July.

i think all that is needed would be 1 post from someone who was using SPWS for it to go viral before all the naysayers and anti govt start to spread the news and blame zheng hu

 

[limck]

USEP at 3811 /mwh now. dunno will reach the cap of 4500/mwh or not

 

[artered]

i think all that is needed would be 1 post from someone who was using SPWS for it to go viral before all the naysayers and anti govt start to spread the news and blame zheng hu

cfm have one lor those ppl are prob thinking the spws rate will stay low forever and they didn’t bother to monitor the daily fluctuation rates

 

[wongminmin]

from SPWS?

this number 1800 233 8000 correct?

 

[artered]

USEP at 3811 /mwh now. dunno will reach the cap of 4500/mwh or not

Oh there’s a cap? Heng ah at least at 4500 it’s half of the cap of 9000 during the Texas power outrage

 

[rabbit1]

Keppel has increased from 0.223 to 0.250 moments ago.

Tuas and Senoko, no change FOR NOW.

 

[yang_nastyman]

Any reason for the sudden spike?

Demand don't increase overnight by 10x. Supply issues?

 

[limck]

Oh there’s a cap? Heng ah at least at 4500 it’s half of the cap of 9000 during the Texas power outrage

ya. read this in the iSwitch exit article

(Under the Singapore Electricity Market Rules which govern the NEMS' operations, a price cap of S$4,500 per MWh is in place for the USEP. This ensures that the USEP will never exceed that level regardless of prevailing market conditions).

 

[rabbit1]

Any reason for the sudden spike?

Demand don't increase overnight by 10x. Supply issues?

One possibility is gencos accidentally or intentionally schedule their maintance at peak hours.

 

[Vegitto]

whats DOT?

Discount Off (SP) Tarrif

 

[yang_nastyman]

One possibility is gencos accidentally or intentionally schedule their maintance at peak hours.

haha no competition watchdogs ah?

if this is the case i think all the independent providers who did not hedge can close shop today already.

selling $4500 for $168 based on the $0.168 plans.

 

[Ark Law]

i think all that is needed would be 1 post from someone who was using SPWS for it to go viral before all the naysayers and anti govt start to spread the news and blame zheng hu

Inb4 those people mix up and ignore that SPWS =/= SPRT while their media outlet just whack and blame SP for being a profiteering arm of the gahmen

 

[Vegitto]

One possibility is gencos accidentally or intentionally schedule their maintance at peak hours.

Anyone who's worked in essential operations know its an unspoken rule of thumb to avoid maintenance during peak hours unless really emergency case

Say if our 3 local banks ibanking services down for maintenance during 11am-3pm on a weekday. Sure tsunami of complains to the banks + MAS investigation
As for being accidental or intentional...... its up to regulation body to see if they want to investigate into it liao

 

[jtec14]

this number 1800 233 8000 correct?

call also no use, overwhelming and ask you to leave contact for callback.
By the way, do you know when should we submit readings for the switchback? Thank you.

 

[wongminmin]

ya. read this in the iSwitch exit article

(Under the Singapore Electricity Market Rules which govern the NEMS' operations, a price cap of S$4,500 per MWh is in place for the USEP. This ensures that the USEP will never exceed that level regardless of prevailing market conditions).

oh their fail safe switch is this cap S$4,500 per MWh . Really LLST

 

[Ark Law]

Can't be accidental.
Anyone who's worked in essential operations know its an unspoken rule of thumb to avoid maintenance during peak hours unless really emergency case

Say if our 3 local banks ibanking services down for maintenance during 11am-3pm on a weekday. Sure tsunami of complains to the banks + MAS investigation

Meanwhile, EMA maybe would simply conclude that the OEM retail consolidation among the gencos is an inevitable outcome given the S&D+scale of economics nature, current market and world conditions, and that EMA will fully take in the learnings since the liberalisation and continue to ensure a level playing among the remaining retailers

 

[yang_nastyman]

i wonder if there would be any investigation on the companies producing power if all of the independent providers just uplorry today