The Energy Market Authority (EMA) of Singapore has launched a second Request for Proposal (RFP) to address the country’s growing electricity demand. This RFP is part of EMA’s Centralised Process, which aims to ensure sufficient generation capacity and maintain power system security and reliability. The initiative invites the private sector to build, own, and operate two new hydrogen-ready Combined Cycle Gas Turbine (CCGT) generating units, each with a minimum generation capacity of 600 megawatts, to be ready by 2029 and 2030.
Singapore’s electricity demand has been increasing due to the expansion of electricity-intensive sectors such as advanced manufacturing, the digital economy, and transport. EMA projects that the country’s power system peak demand will grow by at least 3.7% over the next six years, potentially reaching between 10.1 gigawatts and 11.8 gigawatts by 2030. The new CCGT units are part of Singapore’s strategy to ensure adequate generation capacity to meet this rising demand.
The Centralised Process, established by EMA in July 2023, provides a framework for developing hydrogen-ready and lower-carbon intensity solutions to contribute to a greener and more resilient power system. Under this process, EMA will forecast electricity demand on a rolling 10-year basis and conduct RFPs when projections indicate insufficient generation capacity. Interested parties are invited to submit their proposals by 31 October 2024, with further details available on the official EMA website.
(Source: EMA)
