Power trip: Mapping the transition to Singapore's clean-energy future
IF Singapore needed any reminders that clean energy ought to be front and centre of its evolving energy policy, that jolt manifested recently in erratic weather events from intense rainfall to punishing hot spells, triggered by climate change globally.
And for a city moving decisively towards a low-carbon future, the fact that 40 per cent of Singapore's total emissions still originate from power generation is a statistic that needs improving.
Another recent anomaly that pointed to trouble ahead for the nation's energy sector were the volatile electricity spot prices that surged to multi-year highs last month, coinciding with a planned gas curtailment exercise. Market players were befuddled.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.