Singapore’s Power Market Authority (EMA) has granted conditional approval to Sembcorp Utilities (SCU), a wholly-owned subsidiary of Sembcorp Industries, to import 1.2 GW of low-carbon electrical energy, together with offshore wind energy, from Vietnam.
The conditional approval means the mission by SCU has been preliminarily assessed to be technically and commercially viable. The approval facilitates the method of acquiring mandatory regulatory nods and licences for the mission.
Based mostly on SCU’s proposal, the imported electrical energy will harness offshore wind energy and doubtlessly different types of era, to be developed with Petrovietnam Technical Providers Company (PTSC).
The low-carbon electrical energy is deliberate to be transmitted from Vietnam to Singapore by way of new subsea cables that may span a distance of round 1,000 kilometres.
The EMA stated that it’ll additionally proceed to discover low-carbon alternate options similar to geothermal, hydrogen, and applied sciences similar to carbon seize and storage to make sure that the ability system stays safe, dependable, and sustainable.
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In 2021, Singapore unveiled its plans to import as much as 4 GW of low-carbon electrical energy by 2035.
Thus far, EMA has granted conditional approvals to tasks from varied sources, comprising 2 GW from Indonesia, 1 GW from Cambodia, and 1.2 GW from Vietnam.
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