Singapore signss 3-GW green energy deals with Malaysia
According to joint announcements released on Friday, Singapore and Malaysia have signed two agreements for the supply of electricity across borders. This could allow Singapore to access up to three gigawatts (or more) of low-carbon power generation capacity.
According to the Singapore Ministry of Trade and Industry and Malaysia’s Energy Transition and Water Transformation Ministry, Singapore has given conditional approval for Sembcorp Utilities Pte Ltd to import approximately 1 GW of lower-carbon electricity.
The project is a hydropower-based one, and has been deemed technically and commercially feasible. It's expected to start operations in 2035. Final approvals are still pending, as well as the installation of subsea cables.
Singapore Energy Interconnections, SP Group and Malaysian state-owned utility Tenaga Nasional Berhad also signed a joint agreement for the development of detailed feasibility studies to be conducted on a second interconnection between Singapore Peninsular Malaysia.
They said that the proposed interconnector would support up to two gigawatts of power by 2030. This will complement an existing link which allows for up to one gigawatt of electricity to flow in both directions. Reporting by Ashley Tang, Sudarshan Varadhan and David Stanway.
(source: Reuters)