JAKARTA (The Straits Times/Asia News Network): Singapore could start importing 2 gigawatts (GW) of renewable energy annually from Indonesia within five years, in what is the Republic’s biggest effort so far to import low-carbon electricity.
The imports would account for about 15 per cent of Singapore’s annual needs, and would constitute the country’s largest cross-border electricity contract to date.
Speaking to The Straits Times on Friday, Second Minister for Trade and Industry Dr Tan See Leng said that the granting of these approvals was a “watershed moment” for Singapore’s green energy ambitions. These approvals build on multiple agreements between Indonesia and Singapore in the area of energy cooperation, including one on low-carbon energy and cross border electricity interconnection.
“Through international collaborations, we can work together to jointly plan and implement our energy transitions, and progress towards a shared energy future.” “These projects aim to progressively install approximately 11 gigawatt-peak of PV plants and approximately 21 gigawatt-hours of BESS, and aim to commence commercial operations from end 2027,” said EMA.
It added that it would continue to review electricity import proposals received, with a view to granting more conditional approvals.
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