Asean power grid opens doors for Singapore to be regional clean energy trading hub

THE planned Asean power grid could offer Singapore a golden opportunity to become the region’s trading hub for clean energy, as the city-state works hard to soften the potential blow on its booming petrochemical sector amid the shift from fossil fuels.

“The Asean transmission grid is very critical. Singapore understands trade very well and we know how it’s done,” said Surbana Jurong’s energy and industrial managing director Tan Wooi Leong.

He added: “As long as we can bring the molecules (hydrogen) and renewable electrons through a certain central location, we could probably start trading them.”