The_King Posted October 26, 2020 Share Posted October 26, 2020 SINGAPORE — Singapore is set to import electricity from Malaysia as early as next year in a trial to diversify the Republic’s energy supply. Making the announcement on Monday (Oct 26), Trade and Industry Minister Chan Chun Sing said that the two-year trial will begin with the import of 100 megawatts (MW) of electricity. “We will kick this off by importing 100 MW of electricity imports for a trial period of two years to see how the market works and to see how the technical challenges can be overcome. “This will allow the region to share the clean energy sources that different countries may have,” said Mr Chan. He was speaking on the first day of Singapore International Energy Week, an annual energy conference involving international policymakers and industry commentators, held at the Sands Expo and Convention Centre, at Marina Bay Sands. In a media release on Monday, the Energy Market Authority (EMA) said that it plans to issue a Request for Proposal by March next year for 100 MW of electricity imports. The amount is equivalent to about 1.5 per cent of Singapore’s peak electricity demand. The highest monthly peak demand last year was 7,404 MW in May. Under the proposal, electricity imports could begin as early as the end of 2021 via the existing electricity interconnector between Singapore and Malaysia. Singapore currently does not import electricity. More than 95 per cent of Singapore’s electricity is generated from imported natural gas, of which the majority is from Malaysia and Indonesia. “To meet our climate change commitments, there is a need to change the way Singapore produces and uses energy. Tapping on regional power grids for cleaner energy resources is one strategy to further diversify Singapore’s energy supply,” said EMA in its release. The statutory board added that the trial aims to assess and refine the technical and regulatory frameworks for importing electricity into Singapore to help facilitate larger-scale imports from the region in future. An importer will be selected through an open and competitive selection process. Potential importers will have to demonstrate, among other things, their track record, their ability to secure demand from Singapore consumers and how they manage the carbon output of generation supply. Speaking at the conference, Mr Chan said that the trial is one way to encourage more players to adopt energy-efficient solutions. “Moral suasion can only go that far. We will need to make sure that we have the right market structures, right incentives to drive the right behaviour in a sustainable way for the long-term.” Besides the trial, EMA will also introduce a forward capacity market in the coming years to provide greater certainty to energy producers on the energy demand in the next few years. Interested parties for the trial can contact EMA at [email protected] for more details. Read more at https://www.todayonline.com/singapore/singapore-import-100-megawatts-electricity-malaysia-two-year-trial 1 Link to comment Share on other sites More sharing options...
The_King Posted October 26, 2020 Author Share Posted October 26, 2020 i thought we have massive overcapacity of electricity https://www.businesstimes.com.sg/energy-commodities/power-generation-sector-crushed-by-massive-overcapacity 2 Link to comment Share on other sites More sharing options...
The_King Posted October 26, 2020 Author Share Posted October 26, 2020 anywya thank you malaysia for the helping with the carbon footprint Link to comment Share on other sites More sharing options...
Bigbird Posted October 26, 2020 Share Posted October 26, 2020 This seems suspicious!! Looks like we are "channeling payment" to these places for some reason. Just like South Asia. @socrates469bc what say u? Foreign affairs analysis! 2 1 Link to comment Share on other sites More sharing options...
socrates469bc Posted October 26, 2020 Share Posted October 26, 2020 11 hours ago, The_King said: i thought we have massive overcapacity of electricity https://www.businesstimes.com.sg/energy-commodities/power-generation-sector-crushed-by-massive-overcapacity 58 minutes ago, Bigbird said: This seems suspicious!! Looks like we are "channeling payment" to these places for some reason. Just like South Asia. @socrates469bc what say u? Foreign affairs analysis! stupid minister never hear of energy security meh?????? bolehsia has a history of having major power outage every 5 yrs or so yet he still so bodoh to want to import power from an unstable source. https://en.wikipedia.org/wiki/Power_outages_in_Malaysia the ruling govt is just plain stupid and incompetent, plain and simple. and to digress, this is an interesting article on how damaging old horse was to the bolehsian's economy in his last 10 yrs of his first term. https://www.malaysia-today.net/2018/04/05/what-happened-in-1992-that-led-to-malaysians-paying-more-for-electricity/ until now, i m still amazed at how stupid the masses r to believe in the rehabilitation of old horse 3 yrs ago. wahahahhahahahha 2 Link to comment Share on other sites More sharing options...
XianGe Posted October 26, 2020 Share Posted October 26, 2020 1 hour ago, Bigbird said: This seems suspicious!! Looks like we are "channeling payment" to these places for some reason. Just like South Asia. @socrates469bc what say u? Foreign affairs analysis! Smells like it... Tis deal doesn't makes sense... 1 Link to comment Share on other sites More sharing options...
XianGe Posted October 26, 2020 Share Posted October 26, 2020 For a neighbor who likes to threaten to cut off water supply every few years, tis deal totally makes no sense... 2 Link to comment Share on other sites More sharing options...
socrates469bc Posted October 27, 2020 Share Posted October 27, 2020 8 hours ago, XianGe said: Smells like it... Tis deal doesn't makes sense... has sgp's policy-making make any sense after 1990????? lao goh created a mass called sgd1m hdb flats while loong loong did even better by refocusing the economy onto the casinos. wahahahahhahahah 2 Link to comment Share on other sites More sharing options...
Huat Zai Posted October 27, 2020 Share Posted October 27, 2020 3 minutes ago, socrates469bc said: has sgp's policy-making make any sense after 1990????? lao goh created a mass called sgd1m hdb flats while loong loong did even better by refocusing the economy onto the casinos. wahahahahhahahah We don't need it, but they need to sell it, if we buy it they will need to call us boss, that's the whole point. 1 1 Official Mugentech Minecraft server: Please see thread in Gamers Link to comment Share on other sites More sharing options...
stemcell Posted October 27, 2020 Share Posted October 27, 2020 suspect it gotta do with previous mrt cut off 2 Link to comment Share on other sites More sharing options...
Bigbird Posted October 28, 2020 Share Posted October 28, 2020 I know already. Its has nothing to do with what Sg is paying for. That's just a "label", Sg is know as a prosperous city. Its "payment" to others to ahem ahem... during their political turmoil! 1 1 Link to comment Share on other sites More sharing options...
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