Energy Market Authority (EMA)

Located at Punggol Digital District, the smart grid is being developed by JTC, EMA and the Public Sector Science and Technology Policy and Plans Office under the Prime Minister’s Office.

Posh Electric is trialling sodium-ion batteries, which are cheaper than lithium; while VFlowTech is studying underground storage potential.

Two sections from the three-part playbook are now available online. It provides an overview of Singapore’s Scope 2-related emissions and the role of the private sector in reducing carbon emissions.

The government is also developing a carbon capture and storage project to aggregate CO2 emissions on Jurong Island for overseas storage. The first phase is likely to start around 2030, says EMA.

A virtual power plant is a digital platform that can control, optimise and aggregate a network of assets like solar panels, battery energy storage systems and electric vehicle chargers.

This takes into consideration the commitments proposed by Sembcorp to adhere to and ensure fair market competition.

The regulator also plans to raise Singapore’s import of low-carbon electricity to 6GW by 2035, up from the initial target of 4GW.

For the first time, Singapore and the International Energy Agency will jointly organise the Singapore-IEA Ministerial Forum.

The increase in prices of piped town gas is due to higher costs, and have been approved by the Energy Market Authority.

The conditional approval also follows the Letter of Intent (LOI) issued by EMA in August.