EMA Issues First Request for Proposal to Appoint Low Carbon Electricity Importers.
SINGAPORE – The Energy Market Authority issued on Friday (November 12) the first request for a proposal to designate electricity importers to import and sell around 1.2 GW of low-carbon electricity.
The second request for proposal for the remaining 2.8 GW is expected to be issued in the second quarter of 2022.
The two RFPs will account for the import of up to a total of 4 GW of low-carbon electricity into Singapore by 2035. This is expected to account for around 30 percent of Singapore’s electricity demand at that time.
Importers will be designated through the two requests for proposal.
“These electricity imports will play an important role in enabling Singapore to harness low-carbon energy sources beyond our shores, diversify our energy sources to enhance energy security while facilitating the development of energy projects. carbon emissions in the region and support regional decarbonization efforts, “the EMA said in its statement.
Interested parties must send their proposals to the EMA before 3:00 p.m. on April 1 of next year.
Proposals must include the proposed generation and interconnection design, as well as the supply source.
Prospective importers will need to demonstrate their reliability of supply, credibility, track record, cost competitiveness, and ability to supply and manage carbon production from their generation supply.
Proposals with electricity supplied through coal-fired generation technologies will not be accepted.