Singapore increases its electricity imports | World
Singapore (NAV) – Singapore is accelerating the purchase of electricity generated in Laosthe first stage of the ambitions of the small country plans to import renewable energy that it has little space to produce at home.
Keppel Electric, part of the state-backed Keppel conglomerate and the first beneficiary of a new government license to import electricity, has started importing hydropower from Electricité du Laos (EDL) in Laos. in June. The company will import up to 100 megawatts of electricity for a two-year trial period and is expected to operate at full commercial scale thereafter.
Singapore aims to achieve net zero carbon emissions by 2050, but its small size and location make it unsuitable for wind, geothermal and hydroelectric power generation, which is why the country has created a wider energy grid.
Singapore’s energy import projects extend to Australia. Australia’s Sun Cable aims to build a 12,000 hectare solar farm in the north of the country with plans to export power to Singapore via a 4,200 km submarine cable. The total investment for the project is estimated at more than 30 billion AUD (21 billion USD). Its commissioning is scheduled for 2024 and its commissioning for 2029./.