ECONOMIC SAVINGS FOR Business
The Jurong Island power plant “may cost somewhat higher” because of its capacity and capability as a hydrogen-ready hospital, according to Mr. Ng when asked how cost-effective it will be to have a gas turbine as opposed to a regular gas turbine.
” But the performance you really get out of this herb, plus the fact that it generates less carbon monoxide, will result in economic benefits for the organization”, he added.
” For instance, if efficiency is increased by 10 %, that means that your dollar per value from just improving efficiency can actually increase by about 15 % thereabouts.”
In line with that, Mr. Ng claimed that the company can lower its carbon emissions by 17 % per megatonne of light.
” With the benefits in carbon taxes that we have to pay, and even lesser energy to produce the same system of power, I believe there’ll be discounts for the general public as a whole”, he added.
The future flower may immediately be able to generate electricity using up to 50 % of natural oil and 50 % of gas. In the future, it can be retrofitted to be entirely powered by gas.
In terms of employment, Mr Ng said it is a” regular care” for the business.
He noted that the company must take into account existing staff ‘ needs when new plants are constructed and ensure that fresh, skilled workers are available to work there.
The company has re-trained those employed at Jurong Island’s recently decommissioned available cycle gas turbine in order to assist them in operating at the approaching power plant, according to Mr. Ng.
Making sure our workers are reskilled early and upskilled early to ensure they are ready for the new flower, he said,” It’s really very, very significant for us that we try to minimize any possible disruption to the employment of our workers.”