SINGAPORE: A two-year trial that will see Singapore import 100 megawatts (MW) of electricity from Peninsular Malaysia began on Monday (Jan 30), after a joint agreement between YTL PowerSeraya and TNB Genco.
This marks the first time that electricity from Malaysia will be supplied to Singapore on a commercial basis.
YTL PowerSeraya said on Monday that they are collaborating with TNB Genco to export 100MW of electricity from Malaysia to Singapore via the newly upgraded interconnector.
The electricity will first be purchased from TNB Pasir Gudang Energy, a wholly owned special vehicle company by TNB Genco, before being exported.
This will make up about 1.5 per cent of Singapore’s peak electricity demand, enough to power about 144,000 four-room HDB flats for a year.
“Both parties will work closely with the Energy Market Authority of Singapore (EMA) and the (Malaysian) Energy Commission to refine all technical settings and regulatory arrangements under the Electricity Import Framework and the agreement will be effective upon fulfillment of conditions precedent,” a joint statement read.
The partnership was made official on Monday and was witnessed by Manpower Minister Tan See Leng and Malaysia’s International Trade and Industry Minister Tengku Zafrul Tengku Abdul Aziz.
“DIVERSIFYING SINGAPORE’S ENERGY SOURCES”
“YTL PowerSeraya, together with YTL Power International, is honoured to work with TNB Genco, a wholly owned subsidiary of TNB, the national electricity utility in Malaysia, to contribute our part in diversifying Singapore’s energy sources and further enhancing the nation’s energy security,” CEO of YTL PowerSeraya John Ng said.
“We believe that this is the first step in our vision of a strong ASEAN power grid, where electricity imports may eventually form a key part of Singapore’s energy mix.”