Update as of 24 Jan 2024:
EMA has awarded YTL PowerSeraya the right to build, own and operate a new hydrogen-ready Combined Cycle Gas Turbine (CCGT) unit with a capacity of at least 600 megawatt (MW) by end 2027. Please refer to the media release for details.
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Decision
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Final Decision Paper
Supporting Documnets
Update
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
Supporting Documnets
Updates
Update as of 19 Oct 2023:
EMA has updated the RFP document and also published Corrigendum 3. Please refer to the attached documents for more details.
Update as of 9 Oct 2023:
EMA has updated the RFP document and also published Corrigendum 2. Please refer to the attached documents for more details.
Update as of 30 Aug 2023:
EMA has updated the RFP document and also published Corrigendum 1. Please refer to the attached documents for more details.
Update as of 18 Aug 2023:
EMA has updated the RFP document. Please refer to the attached document for more details.
Overview
Electricity demand is driven by factors such as temperature, population and economic activities. Singapore’s system peak demand has been increasing steadily and is projected to grow at a Compound Annual Growth Rate (“CAGR”) of 2.6% - 5.3% (or 2.1GW - 5.1GW) from 2023 to 2032. Over the next five years (2023 to 2028), system peak demand is projected to grow at a CAGR of 3.4% - 6.5% (or 1.4GW - 3.1GW).
Projected demand growth over the next decade is expected to be higher than the historical CAGR of 1.5% between 2013-2022. This is driven largely by the growth in existing electricity-intensive sectors as well as emerging electricity-intensive sectors.
Looking at the demand and supply outlook as set out in the consultation paper, the projected reserve margin for 2028 – 2030 is expected to fall below the 27% reserve margin if demand grows in line with base projections. Given this, EMA anticipates that additional generation capacity will be needed in 2028 to ensure sufficient generation capacity to meet the projected growth in demand and our reserve margin requirements.
Thus, EMA is launching a request for proposal (“RFP”) for the private sector to build, own and operate (“BOO”) new generation capacity by end-2027.
Submit Proposals
Participants are required to submit their proposals through softcopy submissions via email to EMA at Capacity_Development@ema.gov.sg. All proposals must reach EMA via email by no later than 31 Oct 2023, 3pm. Any proposal submitted after the closing date will not be considered.
Please refer to the attached document for submission details.
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Related Links:
Media Release on EMA's Award to YTL PowerSeraya
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