EMA calls for new power generation capacity to meet rising demand
Singapore adds gas plants as demand curve steepens to decade high range.
The Energy Market Authority (EMA) has launched a Request for Proposal (RFP) for new electricity generation capacity to be operational in 2031 and 2032, as it prepares for rising power demand.
In a press release, EMA said it is seeking private sector developers to build, own, and operate hydrogen-ready combined cycle gas turbine (CCGT) generating units under a centralised procurement process.
The RFP covers one generating unit targeted for completion in 2031 and up to two additional units for 2032, with each unit expected to provide at least 600 megawatts of capacity.
EMA said Singapore’s electricity demand has increased over time, driven by industrial and digital sectors, including semiconductors and data centres. It expects continued growth from these sectors over the next decades.
Based on EMA projections, peak electricity demand is expected to grow by 2.4% to 4.8% annually over the next ten years. By 2031, peak demand is forecast to reach between 9.6 gigawatts and 11.4 gigawatts.
Puah Kok Keong, CEO of EMA, said CCGTs will remain necessary to provide baseload electricity, whilst Singapore develops a diversified energy mix.
Interested parties must submit proposals by 24 June 2026 for the 2031 generating unit and by 30 September 2026 for the 2032 units.