Singapore plans to import up to 4 gigawatts (GW) of electricity from renewable energy sources by 2035. This will constitute around 30% of Singapore’s electricity supply, says Minister for Trade and Industry Gan Kim Yong.
Singapore will issue two requests for proposals for such imports. The first, to import up to 1.2GW of electricity, will be launched in November, while the second will be issued in 2Q2022, says the Energy Market Authority (EMA).
The republic will start with trials to iron out technical and regulatory issues associated with cross-border power trading, says Gan in the inaugural Singapore Energy Lecture at the 14th Singapore International Energy Week (SIEW) on Oct 25.
For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)