EMA seeks proposal for 600 MW combined cycle gas-turbine project
Proposals may be submitted by 31 October at 3 pm SGT.
Singapore’s Energy Market Authority (EMA) has issued a request for proposal to build, own and operate a 600-megawatt combined cycle gas-turbine project by end-2027 and would be operational by 2028.
In a statement, EMA said the proposal request is part of the new Centralised Process that enables private investments to participate in generation capacity through competitive tender.
The authority said that the Centralised Process was launched because decision-making at the generation company level, which primarily drives power generation capacity, may not always lead to sufficient electricity generation to meet the overall power demand.
"With the anticipated growth in energy demand, it is crucial that we establish measures to meet future needs while ensuring the resilience of our energy supply. The Centralised Process plays a vital role in guiding private investments in new generation capacity,” said EMA Chief Executive Ngian Shih Chun.
“Through this process, we can facilitate the development of the required new generation capacity, enabling us to meet Singapore's power system demands while embracing cleaner and more sustainable energy sources,” he added.
EMA noted that between 2013 and 2022, the country’s electricity demand rose by 1.5% on average annually, with peak demand growing 2.8% during the pandemic years of 2020 to 2022.
The Lion City’s peak demand is expected to grow by around 3.4% to 6.5% over the next five years between 9.3 gigawatts (GW) to 11.6 GW by 2028, driven by the electricity-intensive sectors.