Singapore-based utilities, marine and urban development group, Sembcorp Industries (Sembcorp), has entered into a partnership with Singapore Polytechnic (SP) to commercialize the first-ever technology in Singapore for photovoltaic recycling. The process developed locally by SP researchers recovers resources from used solar panels, such as glass, silicon, and metals including silver and aluminium. The two partners will work together to translate these solutions from laboratory to market, and accelerate plans to develop a pilot recycling plant for solar panels. Once the technology proves commercially viable, the pilot plant can serve as a potential prototype for larger-scale recycling of used solar panels in Singapore, and beyond.
Sembcorp and SP are also collaborating to jointly develop course curriculum at the polytechnic, internships, as well as continuing education programmes for managers, engineers and technicians working on solar projects. In the future, Sembcorp also plans to make this training a requirement for all contractors working on its solar power projects in Singapore.
Sembcorp is a leading solar power player in Singapore, with more than 120 megawatt peak of capacity in operation and under development here, across more than 1,500 sites. The company’s rooftop solar projects here are located on top of public housing blocks, schools, government sites, as well as private commercial and industrial facilities. Globally, Sembcorp has around 2,600 megawatts of wind and solar power projects across Singapore, China and India. Last year, the company unveiled its new Climate Change Strategy and outlined ambitious targets to double its renewables portfolio and reduce its carbon emission intensity by around 25% by 2022.
(Source: Sembcorp; Straits Times)
Finnish biofuel producer, Neste Corporation, revealed plans for an EUR 1.4 billion (USD 1.6 billion) investment to boost its renewable products production capacity in Singapore bringing the company's total renewable product capacity close to 4.5 million tons annually in 2022 from the current 2.7 million tons. The company's target is to start up the new production line during the first half of 2022.
As a result of this investment, Neste will have more options to choose between different product solutions in the whole production system. In addition to producing renewable diesel, all Neste's renewable product refineries are able to produce renewable aviation fuel and raw materials for various polymers and chemicals materials. The investment in Singapore will include additional logistics capabilities and enhanced raw material pretreatment for the use of increasingly low-quality waste and residue raw materials for the existing refinery.
Neste's refinery in Singapore was launched in 2010, and it produces exclusively renewable products. The production capacity of the refinery is 1 million tons per year. Neste produces the same amount annually in Rotterdam in the Netherlands and the rest in Porvoo, Finland.
(Sources: Neste; Reuters; Straits Times)
The National Research Foundation Singapore (NRF) and the Energy Market Authority (EMA) announced on 30 October that they are setting up two new consortia, the Smart Grid and Power Electronics Consortium Singapore (SPECS) and the Cooling Energy Science and Technology Singapore (CoolestSG) Consortium. The two consortia will bring together research institutes, companies and government agencies to come up with solutions in smart grid and cooling technologies. NRF and EMA are setting aside up to SGD 9 million (USD 6.5 million) over three years for both consortia.
SPECS will be hosted at Nanyang Technological University, Singapore (NTU Singapore) and it will be co-chaired by the Energy Research Institute @ NTU ([email protected]) and EMA to facilitate the eventual deployment of smart grid and power electronics technologies developed in the Energy Grid 2.0 programme. It will focus on areas in advanced power electronics such as solid state transformers, energy management systems such as load and generation balancing, and cybersecurity.
CoolestSG will develop and accelerate the deployment and commercialisation of cooling technologies, which can be applied to buildings, data centres and industry. Technologies include both active and passive cooling, and cooling by integrated design. It will be hosted at the National University of Singapore (NUS) and it will be co-chaired by senior management from NUS and BCA (Building and Construction Authority). A technical committee comprising representatives from NUS, industry and government agencies will provide technical guidance for the consortium and actively engage industry partners to build strong networks and identify pipeline projects. 30 companies including Ascendas-Singbridge, CapitaLand, ENGIE, Mitsubishi Electric, Natflow Pte. Ltd., and Shinhan Tech-Engineering Pte. Ltd, will be joining the consortium.
This announcement was one of several made by EMA during the Singapore International Energy Week (SIEW). EMA also announced the launch of a program to facilitate adoption of Energy Storage Systems (ESS) in Singapore. The programme, known as ACCESS or ACCelerating Energy Storage for Singapore will kick off with two partners, PSA Corporation Limited and Sembcorp Industries. We will work with them to pilot use cases, design business models, and facilitate regulatory and market approvals to operate ESS in Singapore. Another new program is the Exploiting Distributed Generation (EDGE) programme, which will focus on building capabilities in distributed energy technologies to prepare Singapore for an increasingly decentralised energy landscape, through a collaboration between EMA and Singapore Institute of Technology (SIT).
(Source: Energy Market Authority, Singapore)
Sembcorp Industries (Sembcorp) announced in September that it has signed a long-term 20-year solar energy deal with US-headquartered tech company, Facebook. Under the deal, Sembcorp will help provide locally-sourced renewable power to support Facebook’s recently announced 170,000 square metre Singapore data centre, as well as its other Singapore operations. In early September Facebook revealed it will invest more than SGD 1.4 billion (USD 1 billion) to construct its first data centre in Asia in Singapore.
Sembcorp will serve Facebook’s renewable energy needs through offsite solar panels totaling 50 MWp in capacity. These panels will be installed on close to 900 rooftops in the land-scarce island state, between the end of this year and 2020.
Singapore-headquartered Sembcorp Industries is a leading utilities, marine and urban development group, present across five continents. It is the only established power gentailer (generation affiliated retailer) in the country to offer renewable energy, and has one of Singapore’s largest solar power portfolios. The company has been steadily growing its renewable energy business, and now has over 2,500 megawatts of wind and solar power projects across Singapore, China and India. Earlier this year the company announced targets to double its renewables portfolio and reduce its carbon intensity by around 25% by 2022.
(Sources: Sembcorp; Channel NewsAsia)
The Building and Construction Authority (BCA) of Singapore has launched a new rating for the energy efficiency of buildings. This is a part of the super Low Energy (SLE) Programme, which includes initiatives such as the SLE Buildings Technology Roadmap and the SLE Challenge to encourage the adoption and design of cost-efficient SLE buildings.
This rating is a voluntary certification framework for SLE buildings, based on the BCA Green Mark (GM) scheme. BCA Green Mark for SLE targets new and existing non-residential buildings such as offices, commercial/retail, industrial, institutions and schools, including demonstration projects from Research & Innovation efforts. Under BCA Green Mark for SLE, there are two building categories: (a) Super Low Energy buildings and (b) Zero Energy Buildings. To be classified in the first category, the buildings need to have achieve at least 60% energy savings through adopting energy efficient measures and onsite renewable energy based on 2005 building code level. Project teams can also choose to attain SLE by having energy Use Intensity (EUI) of the building less than the benchmark EUI - 25 kWh/m2yr for schools, 100 for offices and 160 for hotel, retail & other mixed commercial development. Zero energy buildings have to demonstrate use of onsite and off-site renewable energy to generate more than 100% of energy needed for building operation including plug load.
Green Mark Gold rating is the minimum requirement for SLE and ZE buildings in order to meet the holistic environmental sustainability indicators, such as greenery, indoor environmental quality and other nonenergy aspects. This ensures the overall environmental sustainability performance indicators are being looked at holistically, while pushing the boundaries in terms of building energy performance.
BCA has been working with the industry and academia closely to develop a Super Low Energy Buildings Technology Roadmap that charts the pathways towards SLE via development, demonstration and application of technologies. The Roadmap outlines broad strategies of technology development towards mainstream adoption of SLE by 2030. The roadmap identifies 60 potential solutions from enhanced existing technologies and emerging R&D innovations and groups them under four broad categories, namely Passive Strategies, Active Strategies, Smart Energy Management and Renewable Energy. It also says that lower rise institutional buildings and schools have the potential to achieve zero or positive energy target first.
(Sources: Straits Times; Building and Construction Authority, Singapore)
On July 10, 2018, the Housing & Development Board (HDB) of Singapore signed a research agreement with the SP Group to study the potential of developing Tengah into a first-of-its-kind Smart Energy Town. HDB is responsible for the development of public housing in the city-state, while the SP Group provides electricity and gas transmission, distribution services, and market support services to more than a million customers in Singapore. Tengah is HDB’s newest estate development announced in 2016.
Tengah will be Singapore’s first and largest smart and sustainable town, planned with green and sustainable features, and smart technologies from the outset. HDB envisages the pervasive usage of solar energy including building-integrated photovoltaic (BIPV) systems, electric vehicle (EV) charging and batteries as a smart energy enabler at Tengah. The vision also involves developing and test-bedding a centralised energy software system, likened to a ‘brain’ in the HDB press release, that will collect, process, analyse, and learn data on energy consumption in the estate at neighbourhood and apartment levels. The study will be conducted over a one-year period from July 2018.
As part of the collaboration, the SP Group will develop an aritificial intelligence (AI)- enabled integrative software layer called the Smart Energy Concierge. It will utilise smart controls, sensors and algorithms to integrate the various energy solutions. Future residents could choose to link their utilities account to the app, to view their energy consumption rates at a granular level -room and appliance, pay utility bills, subscribe to products and services such as smart home solutions and devices, and explore electricity retail packages. Residents with EVs could also access charging points throughout Tengah and remotely monitor their charge status through the app.
The SP Group also aims to develop new applications to encourage behaviour change to achieve energy efficiency at the household and estate level. SP will also work with HDB to look into developing Singapore’s first residential district cooling at Tengah.
For the project, the SP Group is seeking partnerships with players in the energy ecosystem, including small and medium-sized enterprises (SMEs).
(Sources: Housing & Development Board, Singapore; SP Group)
Sembcorp's wholly-owned subsidiary, Sembcorp Solar Singapore Pte Ltd (Sembcorp Solar) won a 50-megawatt project from the Housing & Development Board (HDB) and the Singapore Economic Development Board (EDB) to build, own, operate and maintain grid-tied rooftop solar systems with a total capacity of 50 megawatts across 848 HDB blocks under the West Coast and Choa Chu Kang Town Councils and 27 other government sites in Singapore. Sembcorp Solar’s winning bid was put together with one of its appointed engineering, procurement and construction (EPC) players, Kurihara Kogyo Co., Ltd.
Construction of the rooftop solar systems will begin in 3Q 2018, and is targeted to be completed by the second quarter of 2020. This project is part of the SolarNova programme, a whole-of-government effort spearheaded by HDB and EDB to accelerate the deployment of solar photovoltaic systems in Singapore and drive the growth of Singapore’s solar industry. The programme aggregates demand for solar energy across public sector agencies to enable those with smaller solar PV (photovoltaic) demand to enjoy solar energy at a lower cost due to economies of scale. As the largest stakeholder in the installation of solar PV systems in Singapore, HDB which is responsible for public housing, acts as the government’s central procurement agency for solar panels.
Singapore-headquartered Sembcorp, in which Singapore's sovereign wealth fund, Temasek, holds a 49.5% stake. is a leading utilities, marine and urban development group, with presence across five continents. With this deal, Sembcorp’s solar energy portfolio in Singapore exceeds 104 megawatts of capacity situated across more than 1,500 sites in the country. Its rooftop solar systems are installed on top of public housing blocks, commercial and industrial premises as well as government sites. Earlier this year, Sembcorp announced targets to double its renewables portfolio to around 4,000 megawatts by 2022. Currently Sembcorp has over 2,500 megawatts of renewable energy assets, comprising wind and solar power projects across Singapore, China and India.
(Sources: Sembcorp; Channel NewsAsia)
On June 4, the Maritime and Port Authority of Singapore (MPA) awarded S$6 million to FueLNG Pte Ltd and Pavilion Gas Pte Ltd for building two Liquefied Natural Gas (LNG) bunker vessels, to promote ship-to-ship LNG bunkering in Singapore. Both FueLNG Pte Ltd and Pavilion Gas Pte Ltd will receive a co-funding grant of up to S$3 million for their respective LNG bunker vessels.
Soon after the grants were awarded, FueLNG, a joint venture between Keppel Offshore & Marine Ltd (Keppel O&M) and Shell Eastern Petroleum (Pte) Ltd. placed an order with Keppel Singmarine Pte Ltd, a subsidiary of Keppel O&M, to build the first LNG bunkering vessel in South East Asia. The 7,500m3 vessel will be built to a proprietary design developed by Keppel O&M's ship design and development arm, Marine Technology Development (MTD), for cleaner and safer bunkering activities within the port of Singapore. Capable of running on both LNG and marine diesel oil, the vessel's key features include high manoeuvrability which enables bunkering without tug assistance, as well as propulsion and power management systems that optimise fuel consumption.
The vessels are expected to be delivered in 2020 and they constitute a significant step towards cementing Singapore’s position as a leading LNG bunkering hub in the Far East, catering to large ocean-going LNG-fuelled vessels. The country completed building its first LNG terminal in 2013, to diversify its import sources, going beyond Malaysia and Indonesia, to include the US, Australia and Qatar. The terminal has been undergoing a series of expansions, in order to meet Singapore’s current and future demand. The facility also has export capabilities, which could make Singapore the future hub for natural gas trading and transshipment in Asia.
A survey of senior industry leaders by Deloitte in 2017 identified Singapore as the favoured Asian LNG trading hub. Nearly 80% identified Singapore as the country most likely to become the Asian LNG trading hub within the next five to ten years. Japan and China were also identified as other potential hub locations.
(Sources: Maritime and Port Authority of Singapore, Keppel Offshore & Marine, Straits Times)
Singapore's power grid operator SP Group is tapping blockchain technology to link up residential and other small producers of solar energy with businesses that have a carbon footprint. The blockchain-enabled digital platform is expected to be a global first when launched by the end of this year.
The new technology would transform the local market that has until now been dominated by large producers and buyers of solar energy and also accelerate the adoption of solar photovoltaics (PV) in Singapore. The platform, developed by an in-house SP team, allows those with registered solar PV panels to display the amount of renewable energy they have produced in the form of renewable energy certificates (RECs). Companies or other organisations can purchase these to offset their carbon emissions. The platform enables buyers to filter listings by various criteria, including the amount of energy, originating country and asset type.
REC registries currently can be found in countries such as India, the US and Australia. These require independent certification parties to verify that the electricity represented by the RECs is green and that no double counting of environmental benefits has taken place. SP’s platform will not require such verification because the blockchain system eliminates the possibility of fraud and double counting. Furthermore, with the platform, buyers and sellers would no longer have to spend time and effort working out bilateral agreements for solar energy, as is the case in Singapore today. All of these combined means the platform would help users reduce their transaction and administrative costs in selling or buying solar energy.
SP plans to roll out the platform by the end of 2018, and will make it free to use at the start. How it would eventually earn revenue through the platform is yet to be determined.
While the platform is targeted at companies, SP does not rule out having individuals as buyers, which would effectively enable peer-to-peer energy trading. With the platform transacting only RECs and not energy itself, it will not need the prior approval of energy regulator Energy Market Authority. The platform would also be an international one as the blockchain infrastructure enables transactions to take place across countries.
The announcement by the SP comes as activity picks up in Singapore’s solar auction, with generation companies such as Sembcorp Industries and Senoko Energy venturing into developing solar systems in the past two years, though the solar generation market is still dominated by solar developer Sunseap.
(Sources: SP Group; Business Times)
In the past few years, pressures have been mounting in the Singapore power generation sector, which is mired in massive overcapacity. Singapore’s power generation sector has a total capacity of 13,350 MW. Peak demand, however, averaged only 7,000 MW in March 2017, leaving a spare capacity of 48% in the system. The vast overcapacity in the past few years has pushed wholesale electricity prices, known as the Uniform Singapore Energy Price (USEP), to a historical low of SGD 63 per MWh in 2016, compared to a peak of SGD 215 in 2011. While it has recovered to average SGD 81 per MWh in 2017, thanks to higher fuel oil prices and growth in consumption, this remains the second-lowest since the electricity market started in 2003. Besides, the rise in wholesale electricity prices reflects the increase in short term marginal costs (such as higher feedstock gas prices) and does not help generation companies (gencos) to cover their fixed costs.
Today’s overcapacity can be traced back to the high prices in 2012, which led gencos to add new capacity. At around the same time, the Singapore government was handing out liquefied natural gas (LNG) vesting contracts to encourage LNG demand prior to the start-up of the LNG terminal. These vesting contracts assured the gencos of a certain stream of income (by providing a specified price for a specified amount of electricity), in return for building new capacity that would use LNG as a fuel. However, the introduction of these LNG vesting contracts caused the gencos to add nearly 3,000 MW in capacity between 2012 and 2014. Given the fact that the additional capacity came at the same time – and at a period when power demand had not been growing as robustly as expected – made matters worse. In addition, the power demand growth has been weaker than expected as Singapore’s growth slowed. The correlation between power demand and economic growth has also weakened as more industrial users started pursuing energy efficiency. Whatever new demand comes, it is also being met by new solar generation. The confluence of these factors resulted in almost all gencos slipping into the red.
The industry recorded losses of SGD 357.1 million after tax in 2016 compared to a profit after tax of 558.3 million in 2013. Even the lone profitable generation company, YTL PowerSeraya, which is owned by Malaysian YTL Group, has seen profit after tax plunge 89% since 2013 to a low of SGD 25.3 million in 2016.
(Source: Business Times)
In February 2018, one of Singapore’s leading telcos, StarHub, and Singapore-based sustainable energy firm, Sunseap, revealed a partnership to enter Singapore’s Open Electricity Market, which is being launched in April 2018. The partnership will allow households to adopt solar power without the hassle of owning or installing solar panels.
Since 2001, the Energy Market Authority (EMA) has progressively opened up the electricity market to competition. This liberalisation of the electricity market aims to promote the supply of competitively-priced electricity and allow greater consumer choice. In 2017, EMA announced the soft launch of the Open Electricity Market in Jurong to provide consumers with more choices and flexibility in their electricity purchases. This is expected to culminate in the full liberalisation of the retail electricity market in the second half of 2018, extending the choice of electricity retailer to consumers in the rest of Singapore. Consumers will be free to choose their desired electricity retailers according to their usage patterns and the prices offered. Switching electricity retailers is expected to be seamless in the open market.
As part of this joint operation, StarHub and Sunseap will be collaborating on a range of activities, including customer service, billing and sales, to ensure a hassle-free experience for households. The two companies are also exploring opportunities in smart energy and Internet of Things (IoT) solutions to bring continued benefits to customers. Starting from April, StarHub and Sunspeap will offer customers a choice of two clean energy subscription plans named Green Life and Green Save. The first plan, Green Life, is a 100% clean energy plan tailored to meet the needs of environmentally conscious customers, who will receive electricity fully produced by Sunseap’s solar systems at no additional cost. The second plan, Green Save, will allow customers to take a step towards becoming more environmentally-friendly while enjoying some savings. With this plan, customers will receive 5% clean energy and enjoy 20% discount off the regulated tariff.
(Sources: Sunseap; OpenGov; Energy Market Authority; The Straits Times)
Solar-energy solutions provider Sunseap group has landed a major contract with port operator PSA to roll out solar power solutions across its terminal facilities in Singapore in order to cut its carbon footprint. Under the 21-year deal, Sunseap will build and install a 4 MW peak solar system across five locations in PSA’s Pasir Panjang Terminal, including the terminal’s buildings, gates, maintenance base and workers’ dormitories. The Singapore-based firm will also maintain the solar PV system, and offer a competitive electricity tariff rate. The system is expected to be up and running by the end of October in 2018.
Once operational, the system will generate roughly 4.3 GWh of energy a year and offset about 30% of the energy needs of PSA’s Pasir Panjang Terminal buildings. It will also help the port operator reduce its carbon-dioxide emissions by 1,689 tonnes a year.
The move to upgrade PSA’s facilities comes as Singapore is stepping up efforts to encourage businesses to reduce greenhouse emissions and consider clean energy options. In 2016, the Singapore government announced that a carbon tax would be imposed in 2019 on power producers and large carbon emitters based on each tonne of carbon they release.
(Sources: Sunseap; TODAY Online)
Electric cars are expected to make strong in-roads into Singapore, with at least half a dozen brands preparing to launch battery-powered models over the next 18 months. Among the brands, which have announced in December 2017 their plans to introduce electric car models to Singaporean market, are Hyundai, Renault, BWM, Volkswagen, Nissan, and Jaguar, with their respective models Ioniq Electric, Zoe Long Range, i3, e-Golf, Leaf, and I-Pace SUV. Meanwhile Tesla, the American vehicle maker, is expected to deliver its first Singapore-bound Model 3 by early 2019, catering to 130 or so fans who have made previous orders.
Although industry analysts say there will be first-mover advantage for companies which start offering electric models ahead of the rest, perennial challenges, including a shortage of charging infrastructure, inadequate government support and low acceptance rate among motorists, could hamper the market penetration. References to Tesla’s entry are often made to caution the current optimism. The company set up its shop in Singapore in mid-2010 but quit after six months, without selling a single car. Sources say it was banking on generous tax exemption which never materialized.
According to the Land Transport Authority (LTA), the country currently has fewer than 300 electric and plug-in hybrid cars, which make up around 0.05% of the total car population.
(Source: The Straits Times)
ExxonMobil, one of Singapore’s largest foreign manufacturing investors with over S$20 billion in fixed assets investments, announced the completion of a new 84 MW cogeneration plant at its Singapore Refinery’s Jurong site. The new plant will increase the refinery’s energy efficiency, help reduce emissions and strengthen the facility’s long-term competitiveness. With completion of the new plant, ExxonMobil now has more than 440 MW of cogeneration capacity in Singapore and is able to meet the majority of its integrated refining and petrochemical complex’s power and steam needs. The additional cogeneration capacity builds on ExxonMobil's interests in more than 100 cogeneration installations at more than 30 locations around the world.
The new cogeneration plant is expected to improve the Singapore Refinery’s energy efficiency by 4% to 5% and result in a net reduction of 265 kilotons per year of carbon dioxide emissions due to efficiencies gained from a combined cycle power generation process. This emissions reduction is equivalent to removing more than 90,000 cars from Singapore’s roads.
Singapore's Energy Market Authority and the SP Group have awarded two Singapore-led consortiums to implement the city-state's first utility-scale Energy Storage System (ESS). CW Group and Red Dot Power will receive about SGD 17.8 million in grants for the initiative to build this test-bed. The test-bed is expected to be operational for three years at two substation locations in the north and north-eastern part of Singapore. These will have an aggregated capacity of 4.4 MWh.
In Singapore, energy storage could support the deployment of intermittent generation sources like solar by reducing peak demand, and providing regulation reserves. The ESS technologies deployed, redox flow and lithium-ion batteries, will be evaluated for their performance under Singapore’s hot, and humid environment. The test-bed will also help establish clear technical guidelines for ESS deployment (e.g. grid connection and safety requirements for installation). Findings from this initiative will help Singapore catalyse the use of ESS in Singapore. Energy storage will facilitate greater deployment of solar, and help Singapore move one step closer towards the target of achieving 1GWp of solar beyond 2020, reducing the country's carbon footprint. According to Singapore's Energy Market Authority, insights from this test-bed would be useful for Singapore to learn how storage could enhance the stability of our grid, provide quick response capacity and improve operational flexibility. It is also exploring how to couple energy storage with solar forecasting capabilities to enable greater deployment of solar in Singapore.
(Source: Energy Market Authority)
BlueSG Pte Ltd (a subsidiary of the Bolloré Group) has officially unveiled their Asia-Pacific headquarters in Singapore, which will oversee its e-mobility, energy management and system integration business for the region. The hub will house over 30 employees by the end of the year, including a local customer resource center, and teams comprising technical staff, on-field technicians, EV workshop and IT support specialists. The company will also establish a Global Innovation Center in Singapore to undertake R&D work in the areas of mobility and energy management solutions. Altogether, BlueSG Pte Ltd aims to create a total of about 250 jobs in Singapore by 2021.
BlueSG will roll out its electric vehicle (EV) car-sharing programme in Singapore in December, starting with a fleet of 80 electric cars. In preparation for the launch of Singapore’s first large-scale electric vehicle (EV) car-sharing programme, BlueSG has announced the locations of its first 30 charging stations, which will offer a total of 120 charging points. Scheduled to roll out progressively from December 2017, the programme will provide users with the convenience and flexibility of returning the EV at locations different from their point of pick-up. Charging stations will be disseminated around the city with 18 charging stations in public housing estates; 10 charging stations in the city area and 2 charging stations at One-North and Science Park. While the rental fees are yet to be formally announced, it is estimated that the rates are around SGD 10 to SGD 15.
Under the EV car-sharing programme signed with LTA and the Economic Development Board (EDB) in June 2016, BlueSG will roll out a total of 500 charging stations equipped with 2,000 charging points nation-wide. Of these, 400 charging points will be opened for public use. In addition, the first batch of Bluecars is being commissioned in Singapore and will form part of a 1,000-strong EV fleet in the future.
(Source: Land Transport Authority)
Sunseap Group, Singapore’s leading integrated clean energy solutions provider, has secured investment of SGD 75 million (USD 55.3 million) from Banpu Public Company Limited, a leading energy company listed on the Stock Exchange of Thailand. The additional funding from the Thai utility company, Sunseap’s first strategic investor, will bring the Group’s equity value to SGD 300 million (USD 221 million) and will be used for solar projects across Asia. The two companies plan to leverage on each other’s networks and domain expertise to grow in the alternative energy market in Asia and beyond.
Among Sunseap’s clients are government agencies, major companies and small and medium enterprises including Apple, Housing Development Board, Singapore American School, Raffles Institution, the United Technologies Group, Jurong Port, ABB, and Panasonic. Outside of Singapore, Sunseap has a pipeline of projects in Cambodia, India, Thailand, Vietnam, Malaysia, and Australia.
The liquefied natural gas unit of Singapore's state-owned Temasek Holdings, Pavilion Gas Pte Ltd and Singapore LNG Corporation Pte Ltd (SLNG) have signed an agreement for Liquefied Natural Gas (LNG) Storage and Reload Services at the SLNG Terminal on Jurong Island. This agreement concluded a Request for Proposals process initiated by SLNG in February 2017, where interested parties were invited to submit proposals for the provision of Storage and Reload Services on a segregated basis at the terminal.
Under the agreement, Pavilion Gas has rights to access tank capacity on a segregated basis at the SLNG Terminal for LNG Storage and Reload Services over the next 24 months. This supports a higher volume of LNG trading activities, small-scale LNG opportunities, LNG breakbulk and vessel cool-down services. Pavilion Gas will work with industry players to trade LNG indexed to the Sling (SGX LNG Index Group) to support more trades based on the index.
With more than 95% of electricity in Singapore being generated using natural gas, the SLNG Terminal helps to enhance the country’s energy security by enabling natural gas to be shipped to Singapore from anywhere in the world. It also serves as a platform to facilitate the development of new LNG-related businesses, thereby contributing to the growth of Singapore’s energy industry and the creation of new job opportunities.
(Source: Pavilion Energy)
Sunseap Group Pte Ltd, one of the largest sustainable energy providers in Singapore, announced this month that it has signed a 25-year solar power purchase agreement with ST Kinetics, the land systems and specialty vehicles arm of the integrated engineering group, ST Engineering. Under the agreement, Sunseap will provide solar energy to ST Kinetics’ premises at five locations, through solar panels installed on rooftops. Sunseap’s five MegaWatt-peak (MWp) solar PV system for ST Kinetics is expected to be ready by October this year. Once completed, it will be able to generate up to 6.2 GigaWatt (GW) of solar energy per year and help the company reduce its carbon footprint by about 2,633 tons annually, the equivalent of planting 67,523 trees over 10 years.
Singapore will open its electricity retail market in 2018 with 25 electricity retailers competing and offering the most convenient and customized electricity retail plan for Singaporeans. With this electricity provision scheme, consumers will be able to choose and buy electricity from retailers based on their usage and getting the best deals; similar in choosing a mobile plan. However, the Energy Market Authority (EMA) mentioned that it will "fully open the electricity retail market in the second half of next year” as they are still under trial runs. At the moment, only a small percentage of commercial and industrial power consumers—roughly 33,000—benefit from this program. The EMA assures that interruption and poor service are unlikely for retail electricity subscribers, as the power will continue to be distributed through the nationwide power grid owned and operated by Singapore Power.
(Source: The Straits Times, The Business Times)
The government will open up the energy market in later half of next year and all consumers are able to switch from Singapore Power and buy electricity from other third party retailers. Singapore will be the first to provide e-commerce platform for electricity. Electrify.sg allows consumers to compare electrical plans online. The portal is currently accessible only to business and non-domestic consumers that use more than 2000 kWh monthly. There are already 25 licensed electricity retailers and only 16 active, of which 8 have joined Electricfy.sg. Electrify is planning to expand to Vietnam, Thailand, Philippines Australia and the United Kingdom within the next three years.
(Source: Today Online, The Straits Times)
Sun Electric wins its first 15-year solar roof contract with the Government agency JTC. Sun Electric will rent and install solar panels on the rooftops of 27 JTC buildings, covering an area of 43,000 square meter which will generate up to 5 megawatt-peak (MWp) of electricity. Sun Electric is expected to start sales of the solar-generated power by mid-2018.
According to the Energy Market Authority, Singapore’s solar photovoltaic capacity reached to 129.8 MWp in Q1 of 2017, the capacity has tripled over the last three years. The authority targets to have solar energy contribute 5% of the country’s electrical consumption by 2020.
(Sources: Channel News Asia, The Straits Time, The Business Times)
A French energy corporation is experimenting with what it hopes can be the future of renewable power storage in Singapore. Engie SA is assisting in building a small, self-contained power grid on Semakau Island to illustrate the usefulness of hydrogen gas in changing intermittent power from solar panels and wind turbines into stored fuel which could generate electricity days or even months later, while the need is higher. Plummeting costs for sun and wind are supporting renewable energy steal an ever-extra slice of the power generation pie from fossil fuels such as oil and coal. That makes it increasingly more crucial to determine out the way to spread out the brief but intense bursts of energy harnessed from the sun and wind to the more diffused needs of consumers.
The Semakau Island project, which Engie is taking part in alongside Singapore’s Nanyang Technological University and France’s Schneider Electric SE, aims to construct demonstration micro-grids that combine wind, sun, tidal and diesel power along with storage to offer electricity to small island communities not connected to standard power plants. The micro-grid is anticipated to be operating by October, with hydrogen storage competencies.
(Sources: Bloomberg, The Optimist Daily)
ExxonMobil Chemical Company announced today that its Singapore affiliate has reached an agreement with Jurong Aromatics Corporation Pte Ltd to acquire its plant located on Jurong Island in Singapore. The plant, one of the largest in the world with an annual production capacity of 1.4 million tons, presents operational and logistical synergies for ExxonMobil’s integrated refining and petrochemical complex nearby. The company expects to complete the transaction in the second half of 2017.
Singapore is home to ExxonMobil’s largest integrated refining and petrochemical complex, which has a crude oil processing capacity of 592,000 barrels per day and includes two world-scale steam crackers. Acquisition of the Jurong aromatics plant will increase ExxonMobil’s Singapore aromatics production to over 3.5 million tons per year, of which 1.8 million tons is paraxylene.
(Sources: ExxonMobil, EBR Home, The Straits Times)
Sunseap, the largest renewable energy provider in the city, will offer options of pricing to suit households of varying sizes and energy needs. The company has started to approached telecommunication firms and bank on possible tie-ups for consumer to pay for electrical energy through their phone service or credit card bills. It plans to start with the marketing of its price plans at the end of the year. Consumer also has the selection for hybrid plans, which will essentially be a mix of traditional and alternative energy and sign up for energy plans, and track their previous month’s usage using the company’s mobile app.
Currently, there are 24 licensed electricity retailers including Sunseap in Singapore, based on the Energy Market Authority website and the number has jumped by almost double since 2015.
(Source: Connected to India, Today Online)
International collaboration between European and Asian clean energy developers has resulted in the introduction of a new floating tidal energy solution for Southeast Asia. Sustainable Marine Energy (SME), and Schottel Hydro, clean energy developers from UK and Germany respectively, have been working together to develop an integrated surface floating tidal platform solution known as PLAT-I. PLAT-I floats on the surface of the water hosting four Schottel’s SIT 250 turbines, with the total capacity of 268kW. The obstetrical delivery of the platform to Singapore will be funded by Envirotek, a Singapore-based clean-technology investment society, which recently expressed its intention to be a drawing card when it comes to development of in-stream tidal energy projection s in Southeast Asia.
Another Singapore-based innovation company, OceanPixel, is currently working with Envirotek by providing ocean renewable energy suitability analytics and project management to the company. According to Envirotek, the delivery of the platform will see a significant step up in the scale and size of platforms available in Southeast Asia, and in the delivery of a commercial demonstrator.
(Sources: Tidal Energy Today, The Straits Times)
The Singapore Government announced its intent to implement a carbon tax on the emission of greenhouse gases. It will consult widely with stakeholders, and aim to implement the carbon tax from 2019. The tax will generally be applied upstream, for example, on power stations and other large direct emitters, rather than electricity users. The government is looking at a tax rate of between $10 and $20 per tonne of greenhouse gas emissions. This is in the range of what other jurisdictions have implemented.
A carbon tax will enhance Singapore's existing and planned mitigation efforts under our Climate Action Plan, and stimulate clean technology and market innovation. It will create a price signal to incentivise industries to reduce their emissions, complementing other regulatory measures.
Revenue from the carbon tax will help to fund measures by industries to reduce emissions. The impact of the carbon tax on most businesses and households should be modest.
(Sources: C40 Cities; The Straits Times)
Engie, a global energy player, today signed two agreements in Singapore to co-develop innovative, low-carbon energy solutions in green mobility and micro grids which will be designed, built and tested on the island-state, before scaling across the Asia-Pacific.
An MOU formalized the tripartite partnership between ENGIE Lab, the ENGIES’s entity in charge of Research & Development, Nanyang Technological University, Singapore (NTU Singapore) and Schneider Electric on the REIDS (Renewable Energy Integration Demonstrator in Singapore) project. Led by NTU Singapore and supported by the Singapore Economic Development Board (EDB), the REIDS will accelerate the development and commercialization of micro grid technologies for the region from Singapore. Located on Semakau Island, the REIDS project aims to develop a micro grid demonstrator to address the issue of energy access for off-grid areas and islands, integrating various renewable sources and storage systems. The project brings together a range of industry partners, including ENGIE and Schneider Electric, who will be developing one of the four micro grids, combining design and planning capabilities from ENGIE and operational excellence from Schneider Electric.
(Source: Engie Asia – Pacific, Eco – Business)
The Ministry of Trade and Industry has taken the initiative to develop solar energy sector, including extending the use of government lead demand and building capabilities in research and development. As the global energy utility landscape idea continues to evolve, the renewable energy industry of Singapore has also grown from a very small base of about 10 firms in 2007 to around 100 last year.
In addition, the Government will continue building capabilities in research and development, new renewable energy and energy management engineering science, and financing. These efforts could potentially create 2,000 new professionals, executives and technicians (PMET) in the clean energy sector by 2025. The total installed capacity of grid-connected solar photovoltaic (PV) scheme in Singapore has swelled from just 0.4 mwp in 2008 to 125.septenary mwp in the fourth quarter of last year, according to data from the Energy Market place Authority.
(Sources: The Straits Times; Today Online)
Shell Eastern Petroleum and Pavilion Gas will begin providing Singapore with liquefied natural gas (LNG) later in 2017 under the contracts awarded last year. The two firms were awarded to supply LNG to Singapore last October, and will have exclusive franchises that last for three years, or until their shipments reach 1 million tons a year, whichever comes first. This is a business zone that will develop with the culmination of a fourth tank at SLNG by 2018, which will expand the capacity limit by 260,000 cubic meters, to an aggregate of 800,000 cubic meters.
Pavilion Gas, a unit of privately held Singapore based Pavilion Energy Pte Ltd, and Shell Eastern Petroleum, a unit of Royal Dutch Shell, merged BG Singapore Gas Marketing as the country's approved LNG importers. BG Singapore is now part of Shell after the Anglo-Dutch major bought its parent company and now the BG Group was the first company to import LNG into Singapore in April 2008.
(Sources: The Economic Times, The Edge Markets)