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22 October 2024

Daily Newsletter

22 October 2024

Singapore EMA conditionally accepts 1.75GW electricity from Australia

By 2035, EMA plans to import 6GW of low-carbon electricity.

Umesh Ellichipuram October 22 2024

Singapore's Energy Market Authority (EMA) has conditionally approved Sun Cable's proposal to import 1.75GW of low-carbon electricity from Australia.

The electricity will be sourced from solar power in Australia's Northern Territory. It will be transmitted to Singapore through new subsea cables spanning 4,300km.

Sun Cable will continue developing the project to meet its proposed commercial operation date, anticipated to be post-2035.

To progress to a conditional licence, Sun Cable must update its proposal to demonstrate compliance with EMA's conditions.

These include meeting technical requirements, achieving a commercially viable price for customers and securing approvals from relevant jurisdictions along the cable route.

EMA's pursuit of low-carbon electricity imports is a critical component of Singapore's strategy to reduce carbon emissions from the power sector, which account for 40% of the nation's carbon footprint.

By 2035, EMA aims to import 6GW of low-carbon electricity.

EMA has already granted 2GW of conditional licences for electricity imports from Indonesia and 3.6GW of conditional approvals from sources including Indonesia, Cambodia and Vietnam.

The projects, harnessing solar, hydropower and wind energy, are expected to contribute to the development of the ASEAN Power Grid project.

As Singapore's energy demands grow, the EMA commits to engaging with entities offering credible and commercially viable proposals that support the country's netzero ambitions by 2050.

As part of the energy transition towards a low-carbon future, EMA will continue to explore all decarbonisation methods such as hydrogen, solar, deep geothermal energy and nuclear energy, along with carbon capture and storage technologies.

In August 2024, the Australian government granted environmental approval for SunCable’s Australia-Asia Power Link project.

The 2000km project extends from the Northern Territory to the maritime boundary between Australia and Indonesia.

The link was evaluated and approved by the Commonwealth Minister for the Environment and Water under the Environment Protection and Biodiversity Conservation Act.

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