This report highlights our progress over the past year. With energy demand projected to grow in the coming decade, we have made significant headway in greening our energy supply through our Four Switches strategy.

Solar remains Singapore’s most viable renewable energy source. We have achieved our 2025 solar deployment target of 1.5 gigawatt-peak (GWp) ahead of schedule, bringing us closer to at least 2 GWp by 2030.

To further decarbonise our power sector and secure adequate supply for our future energy needs, we raised our low-carbon electricity import target to 6 gigawatts (GW) by 2035 which is expected to meet about a third of our projected energy needs then. To date, EMA has issued Conditional Approvals to 10 projects to import low-carbon electricity from Australia, Cambodia, Indonesia, and Vietnam. Six projects have made substantive progress and were awarded Conditional Licences.

We are also laying the groundwork for low-carbon technologies. For instance, we launched a grant call to support feasibility studies on carbon capture and storage for power generation.

Even as we diversify our energy mix, natural gas remains a critical role in safeguarding our energy security and supporting an orderly transition. The formation of Singapore GasCo marks a key step in centralising the procurement and supply of gas for power generation. We also commissioned fast-start power generation units that can respond quickly to any shortfall in generation capacity and provide critical support to our grid when needed.

Resilience also means being prepared for potential disruptions. We partnered MINDEF to co-lead Exercise SG Ready, a nationwide exercise to strengthen Singaporeans’ resilience and readiness for crises and disruptions. As part of our efforts, we developed a power outage readiness guide for organisations. We also continue to raise public awareness by educating Singaporeans on how to prepare for and act during power outages.

As a public agency, we are also doing our part to meet the public sector’s GreenGov.SG targets. In FY2024, we fully ceased generating Scope 1 emissions, by retiring our corporate vehicle and adjusting our operational practices. We have also begun tracking our waste footprint, with the aim of reducing it by 30% by 2030.

Our people are at the heart of what we do. We continue to invest in their growth and well-being through flexible work arrangements, wellness initiatives, and a culture of open communication culture. We are encouraged that 88% of our officers shared they find their work meaningful in our most recent employee engagement survey.

The energy transition is a collective effort. Our progress would not have been possible without the strong support of our stakeholders, partners, and dedicated officers. Together, we remain steadfast in our commitment to building a cleaner energy future for Singapore.