SINGAPORE: The Energy Market Authority ( EMA ) has approved the importation of 1.2 gigawatts( GW ) of Vietnamese electricity on conditional terms, which is a further step toward Singapore’s ambition to import up to 4GW of low-carbon electricity by 2035. & nbsp,
The conditional approval indicates that the job by Sembcorp Utilities, a wholly-owned subsidiary of Semmcorp Industries, has undergone initial testing to determine its technical and commercial viability.
Tan See Leng, the second secretary for trade and industry, made the declaration on Tuesday, October 24, during his conversation at the Singapore International Energy Week’s Asia Clean Energy Summit.
As part of its goal to decarbonize its power source, Singapore has recently announced plans to buy up to 4GW of low-carbon electricity by 2035.
The EMA has granted conditional certifications to initiatives from Indonesia and Cambodia in addition to Vietnam. These include 2GW and 1GW of energy imports, both, and they will use a combination of hydropower, wind, renewable energy. & nbsp,
Singapore lacks renewable energy sources, so importing strength enables it to import cleaner foreign resources. Local power grids can diversify power sources away from fossil fuels while also accelerating the region’s development of renewable energy and facilitating economic growth. & nbsp,
On light import trials, EMA has collaborated with a number of partners, which enables it to improve the technological and regulatory frameworks.
Singapore started importing up to 100 kwh( MW) of renewable electricity from Lao PDR via Thailand and Malaysia in June of last year as part of the & nbsp, Thailand, Malaysia, and Singapore Power Integration Project.
Dr. Tan, the Manpower Minister, commented on the job and said it demonstrated how cross-border and nbsp energy trading between various nations had become a reality in Southeast Asia. & nbsp,
About 270GW hours of electricity have been exported from Lao PDR to & nbsp, Singapore, since its inception. All four nations are currently debating how to improve this job, including exchanging at capacities greater than 100MW and facilitating electricity flow in all directions.
Four members of the Association of Southeast Asian Nations( ASEAN) are involved in the project, which is the first international cross-border energy trade and import of alternative energy into Singapore.