SINGAPORE: The Energy Market Authority (EMA) on Friday (Jul 1) issued its second request for proposals to import low-carbon electricity into Singapore.
Potential importers will have to demonstrate their supply reliability, credibility, track record, cost-competitiveness, and ability to supply and manage the carbon output of their power generation supply, said EMA.
Proposals for electricity supplied using coal-fired generation technologies will not be accepted.
“Participants may submit non-binding proposals as an expression of interest for preliminary discussions with EMA, before developing their proposals further for final submission,” said the authority.
Interested parties must submit their proposals before 3pm on Dec 29, 2023. EMA may also award Conditional Approvals to viable and attractive proposals at any time during this period.
STREAMLINED PROCESS
EMA issued its first request for proposals in November last year, to import and sell about 1.2 gigawatts (GW) of electricity from 2027.
After the submission window closed in April, EMA received 20 proposals to supply electricity from sources such as solar, wind, hydro and geothermal power from Indonesia, Laos, Malaysia and Thailand.
Following requests from first-round participants asking for more time to develop their proposals, EMA said that it will combine both proposal request exercises.
All proposals submitted in the first round will automatically be considered under the second round, without having to be submitted afresh.
Interested importers are encouraged to submit their proposals to EMA for consideration as soon as possible.
With this streamlined process, EMA said Singapore remains on track to meet its imports target of 4GW by 2035 – part of the country’s push to decarbonise the power sector.
