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Singapore Power Group, doing business as SP Group is a state-owned electricity and gas distribution company in Singapore. SP Group is the corporatised entity of the former electricity and gas departments of the Public Utilities Board (PUB). SP Group was first incorporated as a commercial entity on 1 October 1995 as Singapore Power and Gas to ...
Senoko Energy is a Singaporean electric utility company and retailer. It is the largest power generation company in Singapore, accounting for approximately 20% of the nation's electricity supply. It also operates the Senoko Power Station, the nation's largest power plant by generation capacity
The global energy crunch of 2021 and 2022 saw a significant increase in gas prices due to high demand and tight supply. The risk of disruptions in global gas supply was further exacerbated by the Russian invasion of Ukraine. This global energy crisis highlighted the risks that global gas supply could cause to Singapore's electricity supply. [6]
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In May 2013, Singapore Power sold 19.9% of its 51% stake in the company to State Grid Corporation of China for A$824 million, [1] valuing the company at A$4.1 billion. SP AusNet changed its name to AusNet Services in August 2014, following the end of a management services agreement between Singapore Power and SP AusNet in March.