AECO Energy to drive the ‘last mile' in Singapore's open electricity market

This comes at a time of Singapore’s maturing electricity market.

The newcomer to Singapore’s electricity market AECO Energy has vowed to deliver the ‘last mile’ of value chain to Singapore’s maturing open electricity market (OEM).

With over 12 years of experience in delivering open market electricity services and solutions to businesses in Australia under the Power Choice brand, AECO Energy is bringing its second generation of services and technology to Singapore for the first time.

“Our mission is clear: just like Amazon is revolutionising the ‘last mile’ of product supply chains with its same day delivery, we are also delivering the ‘last mile’ of the value chain in Singapore’s OEM that enables more businesses better purchasing decisions, more business profitability and growing all of Singapore’s economy,” said CEO, chairman and founder Alan Jones.

AECO Energy’s technology platform, MarketProTM with its unique, electricity futures market simulator Rate WatchTM, delivers business and electricity efficiency and empowers businesses through relevant and timely pricing information whilst helping Singapore businesses make better buying decisions via automated tenders and reverse auctions. Moreover, for businesses who do not have the capability and capacity to manage and purchase its own electricity, AECO Energy PortfolioTM delivers scalable buying power with a fully-managed contract management and purchasing aggregation service for small, medium and large businesses.

“By providing technology-enabled, insights-driven energy technology solutions, we want to create a profound impact on our customers’ businesses to better position them for sustainable growth in the long-term,” Jones added.