Keppel Infrastructure Holdings and the Nanyang Technological University of Singapore (NTU Singapore) have entered into a collaboration to boost the development of zero-emissions, decarbonisation and circular economy solutions on Oct 26.
The memorandum of understanding (MOU) was signed by Keppel Infrastructure’s innovation and technology arm, Keppel Energy Transition Centre (KETC) and the university.
The objectives of the partnership are said to be in line with Singapore’s Green Plan, which aims to promote a green economy and increase energy efficiency to lower carbon footprint among other things.
The partnership is also in line with the Keppel Group’s commitment to halve its Scope 1 and 2 carbon emissions by 2030 and achieve net zero by 2050.
The MOU will leverage Keppel Infrastructure’s domain knowledge and expertise in energy and environmental solutions such as power generation and district cooling systems. It will also harness NTU’s expertise in sustainability-related technologies like smart grid and advanced power electronics.
The KETC-NTU collaboration will focus on four research areas.
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These are: the development of solutions in carbon capture, utilisation and storage (CCUS); using blockchain technology to develop a secure data management framework that can be used to verify renewable energy generation and consumption; environmental sustainability technologies in areas such as waste-to-resources and close-loop water recovery; and the launch of low carbon living laboratories at KETC and NTU.
In addition, KETC aims to harness technological foresight and drive collaboration with Keppel Infrastructure and the Keppel Group, as well as across the ecosystem with like-mind stakeholders.
The collaboration will provide a platform for the test-bedding, development and commercialisation of new technologies and solutions through partnerships with external parties including research institutes.
Ralph Foong, deputy chief executive of the Energy Market Authority, says, “EMA is very pleased to note and is committed to provide support to the various research projects under the MOU between KI and NTU. Companies and academic institutions play important roles in the energy ecosystem. Their collaboration has been integral in developing innovative and practical solutions and will continue to be so as Singapore explores low-carbon solutions.”
Cindy Lim, CEO of Keppel Infrastructure, says “Keppel Infrastructure is pleased to partner NTU to catalyse the development of zero-emissions, decarbonisation and circular economy solutions.”
“Through KETC’s open innovation approach, Keppel Infrastructure aims to enhance our technological capabilities and deepen collaboration with like-minded partners to develop impactful and scalable solutions that can abate carbon emissions and accelerate the decarbonisation of the energy and environmental services sector in Singapore and the region,” she adds.
“Advanced low-carbon technologies are crucial for Singapore’s drive towards a green economy and a zero-waste nation transformation. On the NTU Smart Campus, our scientists have pioneered sustainability-related technologies to tackle challenges as part of the NTU 2025 strategic plan,” says Professor Lam Khin Yong, senior vice president (research) at NTU.
“This collaboration with Keppel Infrastructure will allow our researchers the opportunity to go further, by working with the industry to provide market specific solutions. It is also well aligned with NTU’s recently announced Sustainability Manifesto, which aims to achieve carbon neutrality by 2035. The partnership exemplifies NTU’s commitment to decarbonisation and sustainable development and working closely with the industry for the research translation. We look forward to the meaningful results from the joint projects,” Lam adds.
As at 4.51pm, shares in Keppel are trading 10 cents lower or 1.83% down at $5.38.
Photo: Keppel Infrastructure