gr ee n Fo the vs cu rm s a on l p ow er Weekly News 6 June 2025 Interconnectors poised to reduce gas-burn in Singapore Singapore is at the heart of an evolving regional power grid which is poised to lower the share of LNG-fuelled power gen- eration. If all...
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gr ee n Fo the vs cu rm s a on l p ow er Weekly News 6 June 2025 Interconnectors poised to reduce gas-burn in Singapore Singapore is at the heart of an evolving regional power grid which is poised to lower the share of LNG-fuelled power gen- eration. If all proposed intercon- nections gets built, they could unlock up to 25 GW of renewable and energy storage capacity worth over $40 billion, Rystad Energy reckons. T oday, over 96% of Singapore’s electricity is generated by burn- ing natural gas which needs to be imported as LNG. Yet, Rys- tad analysis finds that importing elec- tricity through the regional grid is cost-effective for the city state tic CCGT capacity. Singapore’s Electricity Market Authority (EMA) and could help reduce CO2 emissions by 13 million tons per year. current regulatory framework requires projects to reach an annual load factor of at least 60% within five years of commercial opera- Higher load factor helps reduce electricity cost tion. For project developers ther
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