Singapore’s Energy Market Authority (EMA) and Keppel Offshore & Marine (Keppel O&M) have forged a SGD 10 million (USD 7 million) partnership to develop innovative energy solutions for the marine sector. As part of the partnership, both parties have signed a Memorandum of Understanding (MOU) to foster the adoption of cleaner energy and greater environmental sustainability.
As part of this MOU, EMA and Keppel O&M are launching a grant call to develop marinized energy storage systems (ESS) solutions and IIoT-based smart grid solutions for offshore/marine environment at https://www.ema.gov.sg/ema-keppel-partnership.aspx. The grant is open to interested companies, research institutes, and institutes of higher learning and will close at 12 pm, 24 June 2020.
Shortlisted participants will have the opportunity to testbed their solutions through Keppel O&M’s floating living lab (FLL), the first-of-its-kind offshore floating testbed in Singapore. The FLL houses both liquefied natural gas (LNG) bunkering facilities for harbor crafts and small vessels, as well as an embedded power generation system to power Keppel O&M’s operations, with excess electricity to be exported to the national grid. Scheduled to be operational by the end of 2021, the FLL will allow the industry to testbed and commercialize promising power and technology solutions.
EMA regulate Singapore’s electricity and gas industries as well as district cooling services, and operates the critical delivery infrastructure used in the supply of electricity to homes, offices and industries. Headquartered in Singapore, Keppel O&M is a global leader in offshore rig design, construction and repair, ship repair and conversion, and specialized shipbuilding.
(Sources: EMA; Keppel O&M)