EMA Issues First Request for Proposal for Electricity Imports
12 Nov 2021
On 25 October 2021, Minister for Trade and Industry Gan Kim Yong announced Singapore’s plans to import up to 4 gigawatts (GW) of electricity by 2035, which would constitute around 30% of Singapore’s electricity supply in 2035. Importers would be appointed through two Requests for Proposals (RFPs).
2. Today, the Energy Market Authority (EMA) issued the first RFP to appoint electricity importers to import and sell around 1.2 GW of low-carbon electricity into Singapore, to begin by 2027. The second RFP for the remaining quantities of electricity imports to begin by 2035 is expected to be issued in the second quarter of 2022.
3. Interested parties must submit their proposals by 1 April 2022, 3pm (Singapore time) to EMA. Proposals should include the proposed generation and interconnector design, as well as the source of supply. Potential importers will have to demonstrate their supply reliability, credibility, track record, cost-competitiveness, and ability to supply and manage the carbon output of their generation supply. Proposals with electricity supplied using coal-fired generation technologies will not be accepted. More details on the RFP are available online at https://go.gov.sg/imports-rfp1.
4. These electricity imports will play an important role in allowing Singapore to tap on low-carbon energy sources beyond our shores, diversify our energy sources to improve energy security, while facilitating the development of low-carbon energy projects in the region and supporting regional decarbonisation efforts.
(Refer to Annex for more information on the Singapore Energy Transition.)
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