Zhenhui LI

Zhenhui LI

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location of Zhenhui LIسنغافورة سنغافورة

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  • Timeline

  • About me

    Chief Economist at Energy Market Company

  • Education

    • Ong Teng Cheong Labour Leadership Institute (OTCi)

      2016 - 2016
      Professional Diploma in Employment Relations Labor and Industrial Relations

      Graduation Speaker (2016)

    • National University of Singapore

      2002 - 2006
      Bachelor of Social Science Economics
    • National University of Singapore

      2007 - 2009
      Masters of Social Science Applied Economics
    • Singapore Management University

      2024 - 2025
      Executive Certificate in Leadership & People Management Organizational Leadership
    • Maris Stella High School

      1994 - 1997
      O Levels
    • Anderson Junior College

      1998 - 1999
      A Levels
    • PSB Academy

      2018 - 2019
      Diploma in Network Defense and Forensic Countermeasures Cyber Security

      Top Student for the Diploma (2019/2020)

    • Valar Institute

      2024 - 2025
      Executive MBA Business Administration and Management, General
  • Experience

    • Singapore Department of Statistics (DOS)

      Jun 2006 - Aug 2010

      Economics Account Division, GDP SectionJob Scope: - Compiling, reporting and analysing Singapore's GDP - Ensuring statistics compilation methodologies adhere to national and international standards. Achievement- I implemented a forecasting software (X-12 ARIMA) that improve the accuracy and timeliness of monthly GDP flash estimates using Excel VBA and FAME software. Achievement- I created a new business process and system to automate the compilation of Quarterly GDP cluster estimates using Excel VBA and FAME Software. This automation improved the accuracy by reducing errors due to manual entry and reducing the resources required to compile the GDP estimates. Achievement- I wrote and implemented new SAS Macros that automated and improved the compilation process for Singapore’s National Accounts.

      • Manager

        Apr 2010 - Aug 2010
      • Deputy Manager

        Apr 2008 - Mar 2010
      • Assistant Manager

        Jun 2006 - Mar 2008
    • Energy Market Authority (EMA)

      Aug 2010 - Oct 2017

      Economic Regulation Division, Market Development & Surveillance Department- Conducting market surveillance and investigation works on Singapore’s electricity and gas industries.- Developing, reviewing, and implementing policies to enhance the competitiveness of Singapore’s electricity and gas industries.- Developing electricity and gas models for regulatory and market simulationsAchievements-I led the coordination work on a significant maintenance event on Singapore’s critical gas infrastructure. Besides coordinating on the technical aspects of the maintenance, there was also intense negotiations on the commercial aspects of this maintenance event with the various stakeholders in Singapore’s Gas Network. Some key outcomes would include significantly lowering the compensation costs and mitigating unnecessary price volatility in the Singapore wholesale electricity market. -I led a team to develop a database to consolidate and clean high-frequency market and technical data from various stakeholders in the electricity and gas industries. This database enhances the timeliness in which data analytics could translate insights into more actionable and accurate decision making at multiple levels. (SAS Technologies and MSSQL)-I led a team to produce market and investigation reports to senior management on the state of Singapore’s electricity and gas markets. These reports assisted senior management in understanding the various stakeholder’ objectives, abilities and incentives and guided overall EMA’s engagement with the stakeholders.-I led the development of energy market models to assist the department in understanding the economic and re-distributive impacts of EMA’s policies on the various stakeholders in the electricity and gas industry. (SAS Technologies and Plexos) Show less Energy Policy & Development Division, Policy & Planning DepartmentJob Scope: - Compiling, reporting, and analyzing Singapore’s energy statistics. - Ensuring that the energy statistics adhere to national and international standards.- Developing energy models to support energy policy work.Achievements- I led a team to deploy an enterprise-wide Business Intelligence (BI) System successfully. This project includes the automation of 40 statistical reports and the deployment of 12 OLAP cubes for fast-ad-hoc reporting. (SAS technologies)- I led a team to compile and publish Singapore’s 1st official energy statistics by the Energy Market Authority. The publication was well-received and resulted in the International Energy Agency (IEA) praising Singapore’s efforts in promoting energy data transparency internationally. Show less

      • Senior Principal Analyst

        Feb 2013 - Oct 2017
      • Principal Analyst

        Aug 2010 - Feb 2013
    • NTT DATA Business Solutions Singapore

      Oct 2017 - Mar 2019
      Principal Consultant

      Presales Activities- Understanding and translating customer business objectives and needs into possible solutions involving various commercial technology.- Conducting training to internal consultants and customers on data science and the use of new technologies.- Creating and presenting solution demonstrations/prototypes to customers for POC/POV/Pilot.- Preparation of documents for tenders and quotations.Project Management- Involved in requirement gathering and solution design.- Assist in overseeing projects and offering best practice guidance.- Providing regular project steering committee updates for projects.- Providing project status report to the internal program management office.Achievements- I assisted the company as a Pre-sales lead to win a government data analytics project valued at 1.8m SGD. This project is the first key advanced data analytics project for the company. I was also the Project Lead/Project Manager for this project, which focuses on using Graph Theory to conduct network analysis on the various companies’ global and domestic relationships. (SAS technologies)- I assisted the company as a Pre-sales lead to win a banking data analytics project valued at 1m SGD. The pre-sales involves demonstrating the data analytics platform integration with other platforms via APIs and providing and setting up an environment for the users to try out. (SAS technologies)- I also worked as a Visualization Developer for a visualization project on Control Tower for a major global semiconductor manufacturing company. The project involves integrating various information from across the company and presenting them as a consolidated dashboard in a control room. The project aims to enable the project engineer in the control room to coordinate and make better decisions on semiconductor production based on real-time feeds from the various systems. The project won several internal awards in the company. (Tableau and Oracle technologies) Show less

    • Energy Market Company

      Apr 2019 - now

      - Advise the Rule Change Panel through economic analysis and proposals to enhance efficiency in the Singapore Wholesale Electricity Market (SWEM)- Promote the creation of strategic opportunities and collaborations with key industry and EMC stakeholders- Maximize EMC's contribution to the success of the Singapore Electricity market based on the latest economic, policy, regulatory and technological developments both globally and domestically.- Engage in capacity building for local and overseas entities in energy market designs.Achievements- Guest Lecturing on Singapore's Electricity Market and Energy Transition Plans for Institutes of Higher Learning such as Nanyang Technological University [Nanyang Centre For Public Administration], Singapore Institute of Technology [Electrical Power Engineering Program], Singapore Insitute of Power & Gas [Singapore Electricity Network and Markets] Show less - Advise the Rule Change Panel through economic analysis and proposals to enhance efficiency in Singapore Wholesale Electricity Market (SWEM)Achievements- I completed and submitted an industry-wide endorsed report on recommendations for the proposed forward capacity market to the regulator as Chairman of the Industry Working Group 1 on Resource Adequacy. - I was the project lead in coordinating the implementation of a Forward Capacity Market in Singapore. This is the first major change to Singapore’s energy-only electricity market design since its inception in 2003. However, this was deferred by Singapore's government due to uncertainty created by Singapore's energy transition process. Show less

      • Vice President, Market Administration

        Jul 2024 - now
      • Chief Economist, Market Administration

        Jul 2021 - now
      • Principal Economist, Market Administration

        Apr 2019 - Jun 2021
    • CIGRE Australia

      Jun 2022 - now
      Panel Member of Australia C5 Panel (Electricity Markets and Regulation)
  • Licenses & Certifications

  • Volunteer Experience

    • Assistant venue service manager

      Issued by 8th ASEAN Para Games on Dec 2015
      8th ASEAN Para GamesAssociated with Zhenhui LI
    • Trainer

      Issued by Volunteer Guitar Connection on Jan 2010
      Volunteer Guitar ConnectionAssociated with Zhenhui LI
    • Workforce Manager

      Issued by 28th SEA Games on May 2015
      28th SEA GamesAssociated with Zhenhui LI
    • Volunteer Probation Officer

      Issued by MCYS on Oct 2006
      MCYSAssociated with Zhenhui LI