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Latest / Your Way Home with Hongbin Jeong

Under the Radar: Geneco spills the beans on the secret recipe to remain competitive in Singapore’s Open Electricity Market, whether wholesale prices are stabilising, and what the green wave means for energy retailers

Retailing is the action of selling goods and services to consumers piecemeal rather than to businesses in bulk. When we think of retailers, we often think of the likes of clothing retailers and electronic retailers. But instead of selling consumer goods, our guest for today sells the electricity we use to power our homes and electronics. Established back in 2001 under its former name Seraya Energy, our guest for today is Geneco, a subsidiary of YTL PowerSeraya, one of Singapore’s first and largest electricity generators, with a licensed generating capacity of 3,100MW. The firm used to serve…

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