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"For Singapore, there are five key ingredients needed to harness the potential of clean energy – (i) make cross-border electricity trading a reality; (ii) maximise the domestic deployment of renewable energy; (iii) leverage R&D to support innovation; (iv) build a resilient and dynamic grid; and (v) upskill our workers," Dr Tan See Leng, Minister for Manpower and Second Minister for Trade and Industry, at the Asia Clean Energy Summit.

At the Asia Hydrogen & LNG Markets Conference, Ms Low Yen Ling, Minister of State, Ministry of Culture, Community, and Youth and Ministry of Trade and Industry said Singapore aims to make hydrogen a globally viable and cost-effective commodity. This would involve:

  • Collaborating with industries for hydrogen deployment
  • Putting in place infrastructure and a global supply chain
  • International cooperation on policies and regulations
  • Investing in R&D in low carbon hydrogen technologies
  • Promoting collaboration to reduce costs and achieve breakthroughs

 

Dr Tan also spoke at the Singapore-IRENA High-Level Forum, where he shared that according to the International Renewable Energy Agency (IRENA)'s Renewable Energy Outlook for ASEAN, the region has the potential to fulfill up to two-thirds of its energy demand through renewable sources and reduce emissions by 75 percent by 2050. He felt that regional interconnections can not only facilitate the deployment of renewable energy, but also generate significant cost savings, potentially reaching up to US$160 billion.
SIEW LIVE INTERVIEW
Despite the challenges of the energy transition, Minister for Trade and Industry Gan Kim Yong reiterated Singapore's commitment to achieve net zero and to contribute to global decarbonisation efforts. To do that, the country must first ensure that it has a power system in place that remains stable and secure in the face of market volatility. Singapore must also invest in promising low carbon alternatives.
 
   
 
 
 
 
What to look out for tomorrow
 
  • Don't miss out on the most recent projects, innovations, and reports in the energy industry at the SIEW Energy Insights. Energy Market Authority's Chief Executive, Ngiam Shih Chun, will deliver the Welcome Remarks. Engaging panel discussions will cover topics such as the Singapore-US Feasibility Study on Regional Energy Connectivity, smart and sustainable cities, and women leading the global energy transition. Gain a comprehensive understanding of the energy landscape's current state and its future direction.
  • For those interested in emerging low carbon technologies, the SIEW TechTable sessions are a must-attend! Inaugurated by EMA's Deputy Chief Executive Ralph Foong, these sessions will be led by industry experts. Speakers include ExxonMobil Low Carbon Solutions’' Justin Oettmeier, Google's Giorgio Fortunato, Hitachi Energy's Akilur Rahman, International Atomic Energy Agency's Henri Paillere, Seaborg Technologies' Jan Holm, and VFlowTech's Dr Avishek Kumar. Get a firsthand look at cutting-edge technologies that are shaping the energy future.
  • As the only grid-focused event at SIEW, Future of the Grid promises to be enlightening. EMA's Chairman Richard Lim will deliver the Opening Remarks. Don’t miss out on the inaugural ASEAN Energy Regulatory Forum as well. Keisuke Sadamori, Director for Energy Markets and Security, International Energy Agency, will present Opening Remarks.
 
 
SEE YOU TOMORROW!
 
 
 
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