Post by Flo Energy

The recent rise in energy costs is a reminder of how quickly global events can affect electricity markets closer to home. In The Straits Times’ latest article on how retailers are responding, our CEO, Matthijs Guichelaar, shared Flo Energy’s view on what we are seeing: more customers are exploring fixed-price contracts as they assess how best to manage volatility. One important takeaway is that Singapore’s electricity market is more resilient today than it was in 2021. Regulatory changes introduced since then have strengthened hedging requirements and improved the sector’s ability to manage price shocks. But stronger guard rails do not remove risk entirely. In a prolonged period of high fuel prices or supply disruption, pressure on costs can still build. That is why this is an important time for customers to stay informed, review their energy strategy, and understand the trade-offs between flexibility and price certainty. As the situation evolves, the focus across the market will be on resilience, transparency and responsible planning. https://lnkd.in/gxrpCx59