{"id":388204,"date":"2026-04-08T14:28:11","date_gmt":"2026-04-08T14:28:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/388204\/"},"modified":"2026-04-08T14:28:11","modified_gmt":"2026-04-08T14:28:11","slug":"electricity-bills-rising-why-despite-fuel-reserves","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/388204\/","title":{"rendered":"Electricity bills rising: Why, despite fuel reserves?"},"content":{"rendered":"<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Synopsis: On Wednesdays, The Straits Times takes a hard look at Singapore\u2019s social issues of the day with newsmakers.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">From April to June 2026, electricity and household tariffs will be higher. And we\u2019ve been warned to brace for even higher utility bills after this quarter, as the ongoing war in the Middle East squeezes global fuel supplies.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">But this always leads to a very common question from Singaporeans. To counter these exact types of supply shocks, does Singapore actually have enough national fuel reserves to last for months? If we have our own stockpiles, why do we still have to pay more?\u00a0<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">In this episode, assistant podcast editor Lynda Hong unpacks the impact of the war on inflation with Dr David Broadstock, partner at energy consultancy The Lantau Group. He explains the stockpile paradox when global conflicts hit the cost of living at home.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Apart from cost of living issues related to the rise in energy prices, the episode also discusses whether it\u2019s more cost-effective to buy an electric vehicle (EV) and the challenges to transition to decarbonised energy like nuclear and renewables.\u00a0\u00a0<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Highlights (click\/tap above):\u00a0<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">4:54 Survival vs. hedging: The two types of fuel reserves Singapore uses<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">14:10 Will Open Electricity Market (OEM) retailers collapse again?<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">20:35 When will energy inflation hit food and transport?<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">25:52 Why the war, even if short-lived, will have long-term impact on high prices<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">27:58 EV vs. petrol: Does switching to an electric vehicle actually save you money right now?<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">30:59 Is nuclear energy the ultimate solution to Singapore\u2019s price shocks?<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Read ST\u2019s Opinion section:<a href=\"https:\/\/str.sg\/w7sH?ref=inline-article\" rel=\"nofollow noopener\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_blank\" data-testid=\"custom-link\"> <\/a><a href=\"https:\/\/str.sg\/w7sH?ref=inline-article\" rel=\"noopener nofollow\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_self\" data-testid=\"custom-link\"><a href=\"https:\/\/str.sg\/w7sH?ref=inline-article\" rel=\"nofollow noopener\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_blank\" data-testid=\"custom-link\">https:\/\/str.sg\/w7sH<\/a><\/a><\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Follow Lynda Hong on LinkedIn: <a href=\"https:\/\/str.sg\/Gm2v?ref=inline-article\" rel=\"noopener nofollow\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_self\" data-testid=\"custom-link\"><a href=\"https:\/\/str.sg\/Gm2v?ref=inline-article\" rel=\"nofollow noopener\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_blank\" data-testid=\"custom-link\">https:\/\/str.sg\/Gm2v<\/a><\/a><\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Host: Lynda Hong (<a href=\"https:\/\/www.straitstimes.com\/singapore\/mailto:lyndahong@sph.com.sg\" rel=\"noopener nofollow\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_self\" data-testid=\"custom-link\"><a href=\"https:\/\/www.straitstimes.com\/singapore\/mailto:lyndahong@sph.com.sg\" rel=\"nofollow noopener\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_blank\" data-testid=\"custom-link\">lyndahong@sph.com.sg<\/a><\/a>)\u00a0<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Produced and edited by: Hadyu Rahim<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Executive producers: Ernest Luis &amp; Lynda Hong<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Follow In Your Opinion Podcast here and get notified for new episode drops:<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Channel:<a href=\"https:\/\/str.sg\/w7Qt?ref=inline-article\" rel=\"nofollow noopener\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_blank\" data-testid=\"custom-link\"> <\/a><a href=\"https:\/\/str.sg\/w7Qt?ref=inline-article\" rel=\"noopener nofollow\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_self\" data-testid=\"custom-link\"><a href=\"https:\/\/str.sg\/w7Qt?ref=inline-article\" rel=\"nofollow noopener\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_blank\" data-testid=\"custom-link\">https:\/\/str.sg\/w7Qt<\/a><\/a><\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Apple Podcasts:<a href=\"https:\/\/str.sg\/wukb?ref=inline-article\" rel=\"nofollow noopener\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_blank\" data-testid=\"custom-link\"> <\/a><a href=\"https:\/\/str.sg\/wukb?ref=inline-article\" rel=\"noopener nofollow\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_self\" data-testid=\"custom-link\"><a href=\"https:\/\/str.sg\/wukb?ref=inline-article\" rel=\"nofollow noopener\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_blank\" data-testid=\"custom-link\">https:\/\/str.sg\/wukb<\/a><\/a><\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Spotify:<a href=\"https:\/\/str.sg\/w7sV?ref=inline-article\" rel=\"nofollow noopener\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_blank\" data-testid=\"custom-link\"> <\/a><a href=\"https:\/\/str.sg\/w7sV?ref=inline-article\" rel=\"noopener nofollow\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_self\" data-testid=\"custom-link\"><a href=\"https:\/\/str.sg\/w7sV?ref=inline-article\" rel=\"nofollow noopener\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_blank\" data-testid=\"custom-link\">https:\/\/str.sg\/w7sV<\/a><\/a><\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Feedback to: <a href=\"https:\/\/www.straitstimes.com\/singapore\/mailto:podcast@sph.com.sg\" rel=\"noopener nofollow\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_self\" data-testid=\"custom-link\"><a href=\"https:\/\/www.straitstimes.com\/singapore\/mailto:podcast@sph.com.sg\" rel=\"nofollow noopener\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_blank\" data-testid=\"custom-link\">podcast@sph.com.sg<\/a><\/a><\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">SPH Awedio app: <a href=\"https:\/\/www.awedio.sg\/?ref=inline-article\" rel=\"noopener nofollow\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_self\" data-testid=\"custom-link\"><a href=\"https:\/\/www.awedio.sg\/?ref=inline-article\" rel=\"nofollow noopener\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_blank\" data-testid=\"custom-link\">https:\/\/www.awedio.sg<\/a><\/a><\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">&#8212;<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Follow more ST podcast channels:<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">All-in-one ST Podcasts channel: <a href=\"https:\/\/str.sg\/wvz7?ref=inline-article\" rel=\"noopener nofollow\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_self\" data-testid=\"custom-link\"><a href=\"https:\/\/str.sg\/wvz7?ref=inline-article\" rel=\"nofollow noopener\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_blank\" data-testid=\"custom-link\">https:\/\/str.sg\/wvz7<\/a><\/a><\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Get more updates: <a href=\"http:\/\/str.sg\/stpodcasts?ref=inline-article\" rel=\"noopener nofollow\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_self\" data-testid=\"custom-link\"><a href=\"http:\/\/str.sg\/stpodcasts?ref=inline-article\" rel=\"nofollow noopener\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_blank\" data-testid=\"custom-link\">http:\/\/str.sg\/stpodcasts<\/a><\/a><\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">The Usual Place Podcast YouTube: <a href=\"https:\/\/str.sg\/theusualplacepodcast?ref=inline-article\" rel=\"noopener nofollow\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_self\" data-testid=\"custom-link\"><a href=\"https:\/\/str.sg\/theusualplacepodcast?ref=inline-article\" rel=\"nofollow noopener\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_blank\" data-testid=\"custom-link\">https:\/\/str.sg\/theusualplacepodcast<\/a><\/a>\u00a0<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">&#8212;<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Get The Straits Times app, which has a dedicated podcast player section:<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">The App Store:<a href=\"https:\/\/str.sg\/icyB?ref=inline-article\" rel=\"nofollow noopener\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_blank\" data-testid=\"custom-link\"> <\/a><a href=\"https:\/\/str.sg\/icyB?ref=inline-article\" rel=\"noopener nofollow\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_self\" data-testid=\"custom-link\"><a href=\"https:\/\/str.sg\/icyB?ref=inline-article\" rel=\"nofollow noopener\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_blank\" data-testid=\"custom-link\">https:\/\/str.sg\/icyB<\/a><\/a><\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Google Play:<a href=\"https:\/\/str.sg\/icyX?ref=inline-article\" rel=\"nofollow noopener\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_blank\" data-testid=\"custom-link\"> <\/a><a href=\"https:\/\/str.sg\/icyX?ref=inline-article\" rel=\"noopener nofollow\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_self\" data-testid=\"custom-link\"><a href=\"https:\/\/str.sg\/icyX?ref=inline-article\" rel=\"nofollow noopener\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_blank\" data-testid=\"custom-link\">https:\/\/str.sg\/icyX<\/a><\/a><\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">&#8212;<\/p>\n","protected":false},"excerpt":{"rendered":"Synopsis: On Wednesdays, The Straits Times takes a hard look at Singapore\u2019s social issues of the day with&hellip;\n","protected":false},"author":2,"featured_media":388205,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,61,60],"class_list":{"0":"post-388204","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-ie","11":"tag-ireland"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/388204","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=388204"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/388204\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/388205"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=388204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=388204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=388204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}