Quah Say Jye
Kevin Chen
29 Oct 2021
SINGAPORE: As COP26 approaches, Singapore has made several announcements regarding plans to decarbonise its energy sector.
Chief among them is its plan to import 30 per cent of its electricity from low-carbon or renewable sources by 2035.
Amid the global energy crunch and disruptions to the local electricity retail market, Singapore’s plans to diversify its energy sources are a welcome development.
However, purchasing electricity overseas exposes Singapore to the internal political dynamics of its partners.
Importing electricity is not simply a convenience for Singapore, but a necessary measure to meet its electricity needs and climate goals.
Around 95 per cent of Singapore’s electricity supply is dependent on imports of natural gas.
Plans to indigenously produce renewable energy through rooftop and floating solar installations are important steps but would at best fulfil 4 per cent of the island’s electricity needs by 2030.