Summary
In Part 2 of Talking Point’s energy crisis special, Diana Ser investigates how the same crisis could hit another essential expense — electricity. With Singapore relying heavily on imported natural gas to generate power, Talking Point examines why electricity prices are rising even though most of Singapore’s gas does not come directly through the Strait of Hormuz.
Diana speaks to energy analysts, electricity retailers and the Energy Market Authority to find out how global gas competition, hedging and fuel reserves affect what households pay. She also explores Singapore’s longer-term push for solar energy, and tests practical ways to cut “vampire energy” at home.
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