When it comes to lighting up your life, the S$30.7-billion Singapore Power (SP) has the most efficient world class network. The company provides electricity and gas transmission, distribution services, and marketing support services to more than a million customers in Singapore. If international indicators are anything to go by then SP’s electricity grid in Singapore is one of the world’s best performing networks, beating those in other global cities. SP also owns and operates electricity and gas transmission and distribution businesses and provides energy market support services in Singapore and Australia
Blaze to Brilliance
Singapore Power provides electricity and gas transmission, distribution, and marketing support services to industrial and domestic customers in its domestic market. The Singapore division has four main business units: SP Power Assets, SP PowerGrid, SP PowerGas, and SP Training and Consultancy Company. As a transmission licensee in Singapore, SP Power Assets owns the electricity transmission and distribution assets including 29,000 km of underground cables in service. The regulator Energy Market Authority has entrusted SP Power Assets to develop and maintain a reliable, efficient, coordinated and economical electricity transmission and distribution network. The SP PowerGrid division of Singapore Power also manages Singapore’s electricity and gas transmission and distribution networks. The company is also using the services of SP PowerGrid to manage its transmission and distribution assets through a long term Transmission System Management Services Agreement. Cutting-edge technology are being employed to deliver highly reliable and efficient energy supply to industrial, commercial and residential customers.
Being the sole licensed gas transporter and gas system operator in Singapore, delivering both natural gas and town gas, SP PowerGas owns transmission and distribution assets including 2,800 km of pipelines. This division has also managed to win the trust of the regulator Energy Market Authority. PowerGas is responsible for developing, maintaining and operating a reliable and efficient gas transmission and distribution network, and facilities such as onshore receiving stations and offtake stations.
Leveraging on SP’s capabilities and reputation in the energy utility industry, SP Training and Consultancy Company (SPTCC), comprising SP Training Institute (SPTI) and SP Global Solutions (SPGS), provides training and consultancy services locally in Singapore and beyond. In the utility sector to meet the training needs of SP and to provide training for the local sector and for selected markets in the region SPTI acts as a Centre of Excellence. SPGS provides consultancy services to clients and enlightens them on SP’s technical expertise, system capabilities and operational experience.
Faith Factor
Owning and operating electricity transmission and distribution networks and gas distribution assets in Victoria, Australia, SP AusNet delivers a full range of energy-related products and services to industrial and domestic customers. It is a publicly listed entity on the Australian and Singapore bourses. Singapore Power International Pte Ltd, a wholly-owned subsidiary of Singapore Power Limited, owns 51% interest in SP AusNet. Under a management services agreement, SPI Management Services is the management company operating the business of SP AusNet. Strategically located in Victoria’s growth population corridors, SP AusNet is all set to explore an organic growth trajectory Established in July 2007, SPI (Australia) Assets Ltd (SPIAA) holds the former Alinta assets and businesses acquired by Singapore Power International Ltd under the Alinta scheme of arrangement in August 2007. Being the owner of various assets and asset management businesses in the eastern Australian states formerly owned by Alinta Ltd, SPIAA also includes the Australian infrastructure companies Jemena, which manage gas pipelines and electricity networks located there.
Engagement that enthralls
Over a million customers fulfill their energy related requirements from Singapore Power. Its various divisions are also engaged in several energy related services. The transmission licensee SP PowerAssets, focuses on its core role of transmitting reliable electricity efficiently to all its consumers. Another division SP PowerGrid jointly conducts voltage dip tests with customers and equipment manufacturers to determine the vulnerability of their equipment to voltage dips. SP PowerGas’ managing agent, SP PowerGrid, has devised a leak survey programme for the safeguarding and integrity of its gas distribution network.
Innovedge
Singapore District Cooling (SDC) provides district cooling services, which is an innovative urban utility service involving the centralised production of chilled water that is piped to commercial buildings for air-conditioning to developments at the Marina Bay New Business District. It is a joint venture between Singapore Power and Dalkia, a French energy company. Commencing commercial operation in May 2006 with One Raffles Quay as the first establishment receiving chilled water supplies from the district cooling system, SDC established it as the host establishment for the first district cooling plant. In May 2010, SDC set up its second district cooling plant at Marina Bay Sand serving areas like One Raffles Quay, Marina Bay Sands, The Sail @ Marina Bay and Marina Bay Financial Center. The company is also planning to extend supplies to Asia Square, Ocean Financial Centre, Gardens by the Bay, MRT stations and other new developments as and when they are completed in the coming years. Being an energy- and economically-efficient urban utility service, district cooling has attractive value propositions to building owners like roundthe- clock availability, demand flexibility, high supply reliability, and more space for commercial use with the elimination of in-house chiller plant, fewer constraints for creative building design, lower initial and recurrent operating costs.
Brand Promise
Providing reliable and efficient energy utility services to enhance the economy and quality of life is the sole purpose of Singapore power, which is on a superior growth trajectory. As it puts a strong premium towards practicing the highest ethical standards, it also takes huge pride and ownership in what it does.