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Tapping on natural gas allows us to safeguard energy security while accelerating the adoption of clean energy sources.
As a small country with limited natural resources, there are limitations on how we can deploy renewable energy sources.
Thus, natural gas remains a key fuel source while we scale up our renewable energy deployment. Currently, about 95% of our electricity is generated using imported natural gas.
EMA is focused on improving the efficiency and reliability of our natural gas power plants.
We launched the Genco Energy Efficiency Grant Call to encourage our power generation companies to invest in energy efficient equipment and technologies.
We also launched an incentive scheme for advanced Combined Cycle Gas Turbines (CCGTs) to encourage power generation companies to adopt new and more efficient advanced CCGTs.
To ensure Singapore has sufficient generation capacity to meet our growing energy demand, EMA launched a Request for Proposal to invite interested private companies to build, own and operate new generation capacity by end-2027.
Besides having sufficient generation capacity to produce baseload energy, we also require fast start generation capacity such as Open Cycle Gas Turbines (OCGT) units in order to handle unexpected shortfalls in generation capacity.
Despite being less efficient than CCGTs, OCGT generating units have the advantage of starting up quickly in less than 10 minutes to generate electricity. The role of fast start generation capacity is therefore critical in ensuring the security and reliability of our power system.
Due to the lack of commercial interest in building OCGT units, EMA has commissioned its subsidiary, Meranti Power Pte Ltd to build two new OCGT units. Targeted to be fully operational by June 2025, these units will use mainly natural gas and are able to take up to 30% hydrogen.