Singapore’s Power Market Authority (EMA) has launched a second request for proposal (RFP) for brand new electrical energy technology capability targeted on gasoline energy proposals.
The RFP invitations the non-public sector to construct, personal, and function two new hydrogen-ready mixed cycle gasoline turbine (CCGT) producing items to be prepared in 2029 and 2030, respectively. Every producing unit is predicted to have no less than 600 megawatts (MW) in technology capability, the federal government company stated in a press release.
The EMA stated that the RFP is a part of its Centralized Course of to information and facilitate the event of recent technology capability to fulfill demand progress and guarantee energy system safety and reliability.
Singapore’s electrical energy demand has been steadily rising through the years, pushed largely by electricity-intensive sectors such because the superior manufacturing, digital financial system, and transport sectors. Primarily based on EMA’s projections, Singapore’s energy system peak demand is predicted to develop by no less than 3.7 p.c over the following six years, reaching between 10.1 gigawatts (GW) and 11.8 GW by 2030, based on the assertion.
Ngiam Shih Chun, EMA Chief Govt, stated, “As Singapore’s electrical energy demand continues to develop, it’s essential that we guarantee we have now enough technology capability to energy our houses, workplaces, and communities. We welcome trade participation in our journey to form a greener and extra resilient power future for Singapore”.
EMA established the Centralized Course of in July 2023 to make sure Singapore has ample technology capability to fulfill future electrical energy demand and to make sure power reliability through the power transition. The framework guides technology firms in growing hydrogen-ready in addition to lower-carbon depth options and applied sciences to contribute to a greener and extra resilient energy system.
Below this course of, EMA will forecast electrical energy demand on a rolling 10-year foundation and, if projections point out inadequate technology capability, will conduct an RFP to ask the non-public sector to construct personal and function the brand new technology capability required.
In a separate assertion, Singapore’s Infocomm Media Growth Authority (IMDA) launched a Inexperienced Knowledge Heart (DC) Roadmap that charts a sustainable pathway for the continued progress of DCs within the nation.
“To assist our ambitions for the digital financial system, the place macro- tendencies equivalent to rising use of AI, autonomous and robotic programs, and immersive digital interactions are anticipated to propel demand for compute sources, the Roadmap goals to supply no less than 300 megawatts (MW) of extra capability within the close to time period, with rather more via inexperienced power deployments. By means of the extra capability, we intention to seed innovation to speed up power effectivity, and methods to unlock additional capability via inexperienced power,” based on the assertion.
In keeping with a report by BMI, the roadmap is unlikely to entice large-scale knowledge heart capability investments again to Singapore, even because it upgraded the measured knowledge capability of the nation to 1,400 MW from 876 MW.
“We consider it’s unlikely that the initiative will rekindle large-scale international investor curiosity within the Singaporean knowledge heart market since neighboring rising markets predict over 2,500 MW of information heart capability within the near-term,” the Fitch Options firm stated within the report.
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