Indonesia may forgo a chance to export electricity as Singapore looks to other ASEAN countries and Australia, which seem to be more ready to supply the city state with clean power.
ingapore is looking to other ASEAN countries as alternatives to importing “green electrons”, its term for electricity produced from renewable energy, as its discussions with Indonesia remain uncertain.
Singaporean Senior Minister Teo Chee Hean said officials of the city state had visited several countries, particularly in Southeast Asia.
Teo, who is also Singapore’s chairman of the Inter-Ministerial Committee on Climate Change, added that Singapore had been in talks with Australian companies, some of which had expressed interest in supplying Singapore with green electricity.
“Well, not just from Indonesia,” Teo said during an interview with Indonesian news outlets in Singapore on July 6.
Singapore needs to import clean energy to achieve its 2030 Green Plan goals and 2050 net-zero target, according to the 2023 Southeast Asia’s Green Economy report, published on Tuesday by Bain & Company, Temasek, GenZero and Amazon Web Services.
Electricity demand in the city state is projected to reach 18 gigawatts in 2050, but its own renewable energy resources potential is only 0.4 GW, the report states.
According to Institute for Essential Services Reform (IESR), 95 percent of Singapore’s electricity comes from natural gas, but the country plans to convert up to 30 percent to renewable sources. Starting in 2035 it is looking to generate 4 GW from renewables.
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