Companies interested to apply the grant should complete all sections of the Proposal Template Form (Annex B in the attachments) by 31 December 2023. Proposals may be submitted via email to EMA_Policy@ema.gov.sg.
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Decision
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Final Decision Paper
Supporting Documnets
Overview
As Singapore transitions towards a low-carbon economy, we will harness the “4 Switches” (Natural Gas, Solar, Regional Power Grids and Emerging Low-Carbon Alternatives) to ensure sustainable, reliable and affordable energy supplies.
Combined Cycle Gas Turbines (CCGTs) that runs on natural gas, and potentially with hydrogen blend in the future, will continue to play an important role in the power sector. CCGTs provide stable and secure baseload generation and will complement the other “switches” in meeting our growing demand.
In June 2019, EMA launched a Request for Information paper on Facilitating the Deployment of New and Innovative Generation Technologies. Based on feedback from industry, while advanced CCGTs have higher energy efficiency, the early mover reserve cost disadvantage that the larger advanced CCGTs would face is a key barrier of entry. To help mitigate this early mover disadvantage, EMA launched an incentive scheme for advanced CCGTs. This is to encourage power generation companies (gencos) to adopt new and more efficient advanced CCGTs to improve their efficiency and reduce carbon emissions. Gencos that are interested to apply can refer to the paper below for more details.
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