Singapore is looking at the possibility of creating an electricity futures market, according to Chee Hong Tat, head of Energy Market Authority (EMA), the Singaporean regulator.

"The EMA is studying the possibility of introducing an electricity futures market as part of our objective of having a competitive energy market in Singapore," Chee told Energy Risk in an email. "Based on the experiences of other jurisdictions, a futures market could provide retailers and consumers with more options, and