EMA seeks proposals to import, sell 1.2 GW of low-carbon electricity into Singapore

THE Energy Market Authority (EMA) on Friday issued its first request for proposal (RFP) to appoint electricity importers to import and sell around 1.2 gigawatts (GW) of low-carbon electricity into Singapore, to begin by 2027.

This comes as Singapore is looking to import up to 4 GW of electricity by 2035, which would constitute around 30 per cent of the Republic's electricity supply that year, Minister for Trade and Industry Gan Kim Yong said last month.

Importers will be appointed through 2 RFPs. The EMA expects to issue the second RFP for the remaining quantities of electricity imports in the second quarter of 2022.

Interested parties must submit their proposals by 3 pm on Apr 1, 2022. Proposals with electricity supplied using coal-fired generation technologies will not be accepted, EMA said.

It added that proposals should include the proposed generation and interconnector design, as well as the source of supply. Potential importers will also have to demonstrate their supply reliability, credibility, track record, cost-competitiveness and ability to supply and manage the carbon output of their generation supply.

These electricity imports will play an important role in Singapore's tapping of low-carbon energy sources beyond its shores, diversifying its energy sources to improve energy security, facilitating the development of low-carbon energy projects in the region, and supporting regional decarbonisation efforts, said the EMA in a statement on Friday (Nov 12).

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