The Energy Market Authority (EMA) has awarded Senoko Energy Pte Ltd, Tuas
Power Generation Pte Ltd and YTL PowerSeraya Pte Ltd with a total of $23 million to
embark on energy efficiency projects that will reduce their carbon emissions. The
projects would be implemented between now and 2024. When completed, the projects
are expected to achieve an annual carbon abatement of over 30 kilo tonnes per annum
(ktpa). This is equivalent to taking about 9,200 cars off the roads annually.
2. On the significance of these projects, EMA Chief Executive Mr Ngiam Shih
Chun said: "Lowering our carbon emissions by promoting greater energy efficiency
within our power generation sector is critical in our fight against climate change. We
are heartened by the power generation companies’ efforts to be more energy efficient
and will continue working with them towards a more sustainable energy future."
3. These grants are part of the Genco Energy Efficiency Grant Call, under the
Enhanced Industry Energy Efficiency Package, that will co-fund up to 50 per cent of
energy efficiency projects by power generation companies. The grants awarded
correspond to the carbon abatement achieved through the respective projects, subject
to a cap of up to 50 percent of the project’s qualifying costs.
4. One of the grant recipients is Senoko Energy. Its President & Chief Executive
Officer Mr Bernard Esselinckx said: "Sustainability is a core pillar of Senoko Energy’s
business. EMA’s support has been critical in moving the needle on cutting carbon
emissions in the power generation sector. This grant is going to take us further as we
continue to drive energy efficiency gains in power generation to advance Singapore’s
transition towards a green energy future."
5. To continue supporting the power generation companies in improving their
energy efficiency and lowering their carbon emissions, EMA will launch the second
run of the Genco Energy Efficiency Grant Call in January 2021. Details will be available
soon at www.ema.gov.sg/Energy_Efficiency_for_Power_Generation.aspx.
About the Energy Market Authority
The Energy Market Authority (EMA) is a statutory board under the Ministry of Trade
and Industry. Our main goals are to ensure a reliable and secure energy supply,
promote effective competition in the energy market and develop a dynamic energy
sector in Singapore. Through our work, EMA seeks to forge a progressive energy
landscape for sustained growth.
Website: www.ema.gov.sg | Follow us: Instagram: @EMA_Singapore | Facebook:
facebook.com/EnergyMarketAuthority | Twitter: @EMA_sg
For media enquiries, please contact:
Ms Jasmine Tan
Senior Manager, Corporate Communications
Energy Market Authority
Tel: (65) 6376 7813
Email: jasmine_tan@ema.gov.sg
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