ST Explains: What does S’pore’s more ambitious clean import targets mean for energy transition?

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ST Explains: What does S’pore’s more ambitious clean import targets mean for energy transition?
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Singapore has raised its clean energy import target from 4GW to 6GW by 2035.

SINGAPORE – The Republic recently announced it would increase its electricity import goal from 4GW to 6GW by 2035 after giving the green light to import 1.4GW of additional solar power from Indonesia.– from Indonesia, Cambodia and Vietnam – accounting for around 30 per cent of Singapore’s energy needs by 2035. Of these, 3.4GW will come from Indonesia.

Asked whether the share of natural gas in Singapore’s energy mix will likely drop, ISEAS – Yusof Ishak Institute director and chief executive Choi Shing Kwok said that the higher power import targets, if they materialise, will help Singapore reduce its share of natural gas, earlier. In parallel to its imports from Indonesia, Singapore is also working on several deals with countries such as Laos, Cambodia, Malaysia, Vietnam, and even Australia, said Mr Choi.

According to the agreements that have been signed by the companies, at least five projects will be based in Indonesia’s Riau Islands province, exporting at least 2.4GW of electricity. One project, targeted at exporting some 600MW of clean electricity, will be located in Bulan, in Batam. Currently, renewables make up around 14 per cent of Indonesia’s electricity mix, with a target of reaching 23 per cent by 2025.

Under a trial, Singapore had started importing up to 100MW of hydropower from Laos in 2022, but Reuters reported in mid-July that an extension of the deal had been stuck amid disagreements over how the energy will be transmitted through Thailand and Malaysia.

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