More than 20 proposals have been received under the Energy Market Authority’s requests for proposals, said Second Minister for Trade and Industry Tan See Leng.
which sets out plans to develop hydrogen as a “major decarbonisation pathway” for the local power and industry sectors, as well as support Singapore’s commitment to achieve net-zero by 2050.
EMA and the Maritime and Port Authority of Singapore have launched an expression of interest for the use of ammonia for power generation and support maritime bunkering needs. This has since received “strong interest” from industry players, as well as international partners, Dr Tan said.The Government is also hoping to tap more clean energy from the sun, such as by deploying solar storage systems to store and dispense intermittent solar power at different times to maintain grid reliability.
Lastly, authorities are exploring the suitability of other forms of low-carbon energy supply, such as nuclear and geothermal.Dr Tan said the global energy market will be turbulent in the coming years due to geopolitics and climate action.spate of sudden retailer exits
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