Where can singapore a developed country store electricity

Why should Singapore import electricity?

Singapore should import electricity because it allows access to low-carbon energy sources that are limited or unavailable locally. Additionally, importing electricity presents other benefits such as enabling resource-rich markets to sell excess renewable energy and driving investments in renewable energy projects.

Why is Singapore importing electricity through regional power grids?

Among our four supply Switches in Singapore’s energy transition, importing electricity through regional power grids will enable us to tap on the abundant renewable energy sources in the region to meet our climate commitments.

Will Singapore's Energy System be a game-changer in 2035?

Singapore has set a target to have an import capacity of up to 4 gigawatts (GW) of low-carbon electricity by 2035, which would make electricity imports form about 30% of Singapore’s projected energy supply then. This would be a game-changer for Singapore’s energy system. We have since made several significant strides to make this a reality.

What is Singapore's energy storage system?

Separately, Singapore has launched a 285 MWh Energy Storage System (ESS) on Jurong Island, the largest ESS in Southeast Asia.²⁶ This allows Singapore to store energy to supply electricity in a future period. Uniquely, it was commissioned in six months, the fastest in the world of its size to be deployed.

Where does Singapore's Energy come from?

Today, most of Singapore’s energy comes from the burning of fossil fuels, specifically natural gas and liquified natural gas (LNG). In 2023, 94.3 per cent of Singapore’s energy was generated by natural gas, while only 4.4 per cent of energy was generated by renewable sources like solar (see Figure 1).³ Figure 1: Singapore’s Energy Mix in 2023⁴

How is Singapore meeting its energy needs?

While Singapore has limited renewable energy sources, we are meeting our needs by importing low-carbon electricity from neighbouring countries, with a goal to reach around 6 gigawatts (GW) of low-carbon electricity by 2035, or one-third of our electricity supply. 5. We are exploring every option to decarbonise Singapore's energy supply.