New energy markets: vectors of development

The electric power industry is undergoing a significant transformation, which is accompanied by the formation of new business models. The article considers three key types of new energy markets: sectoral, consumer and competitive. Using the example of Singapore as a country platform for innovative energy solutions, the impact of government policy, technological innovation and digital solutions on the development of each of these markets is analyzed. Special attention is paid to new business models such as P2P-energy, Energy- as-a-Service (EaaS), platform solutions and decentralized electricity trading.