Singapore’s Energy Story was announced in October 2019. Singapore’s Energy Story will harness “4 Switches” to guide and transform Singapore’s energy supply, supported by greater efforts in energy efficiency. Regional Power Grids is one of the switches, where Singapore will explore ways to tap on regional grids through bilateral cooperation or regional initiatives.
Importing electricity allows Singapore to further diversify our energy mix. This will help reduce carbon emissions from the power sector, as it allows Singapore to overcome land constraints and tap on clean energy resources outside Singapore’s borders.
EMA intends to allow up to 4GW of total low-carbon electricity imports by 2035,which is expected to make up around 30% for Singapore’s total supply by 2035. EMA has issued the first Request for Proposal (RFP1) on 12 November 2021, for the import of up to 1.2 GW of low-carbon electricity.
To ensure that electricity imports meet EMA’s availability, delivery, reliability and sustainability needs, EMA is developing a penalty framework that will apply to electricity importers. This consultation paper seeks the industry’s views on the penalty framework.
Please submit all written responses by 4pm on 18 Mar 2022.