YTL PowerSeraya has continuously sought to deliver value to its shareholders, employees, partners and customers. We have created value by focusing on stability, diversification and growth in the following areas:
Here is a glimpse of our core businesses:
On the retail end, the internal teams work hand-in-hand to derive a competitive pricing mechanism that would optimise all financial commodity movements within the company. In turn, we have been able to support competitive pricing to our customers and at the same time ensure reasonable retail market share for the company. The prudent hedging management programme protects the revenue stream of the company by minimising adverse price and volume risks associated with vesting contracts and fixed electricity contracts and at the same time ensure firm prices to our customers.
YTL PowerSeraya’s foray into Energy Trading has borne results through effective hedging that addresses the volatility of the fuel oil market while managing its fuel cost within an acceptable risks level.
This business is responsible for fulfilling the entire gas usage requirement of the company. We are also focused on optimising YTL PowerSeraya’s portfolio of gas supplies by developing operational excellence and risk management in the gas market.
Trading & Fuel Management
Our plant portfolio of baseload and peaking plants use a fuel mix of natural gas, industrial fuel oil (IFO), high sulphur fuel oil (HSFO) and diesel for power generation. To date, piped natural gas amounts to over 80% of our fuel mix.
In addition, our 10,000 m³ Desalination plant supplies high grade water for generation needs, which in turn lowers our non-fuel cost. The plant also serves as an additional revenue stream as excess capacity can be sold to customers on Jurong Island. In addition, the 800 MW Co-Generation Combined Cycle Plant allows the company to simultaneously produce electricity and steam supply to customers. These developments have brought us a step closer to becoming a Multi-Utilities Services Energy Hub.
Through the diversification of our core business, Seraya Energy has been able to offer enhanced product and service offerings in the form of bundled solutions. For the more market savvy customers, Seraya Energy offers products such as remote metering, energy management, tenant management and interruptible load to provide their businesses with an additional edge.
Partnerships are key to building Seraya Energy’s customer base. Through the years, Seraya Energy’s strategic alliance with its business partners has brought customers enhanced value-added services and greater cost savings.
Through our specialised account serving managers focused on different customer groups, strong in-house bill operation and a solid portfolio management team further ensures that we continue to expand our share of Singapore's energy retail market, amongst contestable customers.
YTL PowerSeraya has proven that it has an in-depth understanding of the relationships linking the generating plant, electricity retail market, wholesale electricity market and the fuel market. These four areas of our business have been successful in bringing out each other’s strengths and playing complementary roles to deliver outstanding results and value to the shareholders.