Polaris Power Online News: Director of the Singapore Energy Market Authority (EMA) Xu Fangda said at the International Energy Week that the Bureau (EMA) is considering setting up a power futures market in Singapore, allowing companies to hedge their pricing risks while financing companies and Energy traders provide new business opportunities. He pointed out that this futures market can increase transparency and help new power companies and power retailers entering the electricity market to reduce risks. Existing businesses can enjoy more choices and conduct hedging and risk management through the futures market to reduce the risk of default and multi-party default risk of OTC transactions. In Singapore's electricity market, about 75% of total sales are open competition. At present, the country is studying the possibility of completely opening the market for competition. Eyelet Tool,Grommet Tool,Eyelet Pliers,Eyelet Kit NINGBO ZONGLAN MECHANICAL AND ELECTRICAL EQUIPMENT MANUFACTURE CO., LTD , https://www.zonglaneyelet.com