Singapore and Malaysia will start trading electricity by the end of 2021
Trading of goods is happening all the time between countries. Some trade raw materials, other processed goods. But I can bet you've never heard of countries selling electricity to each other. Well, Singapore has announced on October 26 that it will 'import' electricity from Malaysia under a two-year trial. Singapore's Energy Market Authority (EMA) said it aims to "assess and refine the technical and regulatory frameworks" for importing electricity. EMA […]