$15 million Awarded to Innovations in Energy Storage
03 Jun 2016
Six projects with the aim to develop cost-effective energy storage
innovations that can be effectively deployed in Singapore will receive a total
of $15 million in research grants from the Energy Market Authority (EMA).
2. The projects, selected after a grant
call launched in May 2015, will look at enabling the deployment of energy
storage under Singapore's hot, humid and urbanised environment:
gas storage in a Solidified Natural Gas form. This method allows natural gas to
be stored using less energy, at improved stability, and up to 50 percent
reduction in storage costs as compared to storing as Compressed Natural Gas (CNG).
National University of Singapore is working on this project.
next-generation metal oxide-based batteries that will have five times the cycle
life of existing graphite-based lithium-ion ones, be able to charge faster and be
more cost-effective. The new batteries will also be better suited to operate
under Singapore's hot and humid climate. Nanyang Technological University (NTU)
aims to achieve this by coupling its patented titanium oxide-based anodes with
the lithium-based cathodes from partner Durapower Technology Group (a
lithium-ion battery manufacturer and subsidiary of New Resources Technology).
a cost effective Distributed Energy Storage System (DESS) that connects lithium-ion
batteries at multiple sites (eg HDB blocks) under a centralised control system.
Such a system can more effectively manage the fluctuating output of
intermittent generation sources, such as solar. NTU will work with Sunseap
Leasing and Panasonic Asia Pacific on this.
3. On the importance of
energy storage for Singapore, EMA Chief Executive Ng Wai Choong said:
"Energy storage innovations have the potential to
facilitate the widespread deployment of renewables such as solar
energy in Singapore. Energy Storage can also play a role in enhancing the
stability and reliability of the power system by supplementing power when
4. Speaking as one of the project winners
of the Energy Storage Grant Call, New Resources Technology Chief Executive
Officer Kelvin Lim, said: "We recognise the importance of continual
technology innovation, and the need to provide a strong commercialisation
strategy and manufacturing facility through a local battery company. We hope
this collaboration will contribute towards the start of building of a strong
and successful local ecosystem for energy storage systems in Singapore."
Mr Lim is concurrently President of Durapower Technology Group.
5. Details of the six projects, selected
from over 30 proposals received, are in the Annex attached.
Back to Top