
Singapore to be a central node for regional interconnection
Up to 25 GW of renewable energy could be unlocked if all interconnection projects are implemented.
Singapore has the potential to become a green power hub, serving as a central node for regional interconnections with cross-border neighbouring nations.
In its latest analysis, Rystad Energy said that if all proposed interconnections to Singapore are realised, “they could unlock up to 25 gigawatts (GW) of renewable and energy storage projects worth more than $40b in investment across the region, spanning hydropower, solar and offshore wind.”
The city-state aims to import around 6 GW of low-carbon electricity by 2035.
“Importing electricity through the regional grid presents a cost-effective solution for the island-nation and could result in emissions reductions of up to 13 million tonnes of carbon dioxide equivalent (CO₂e) per year if all projects are realised,” Rystad said.
This approach could alos enhance Singapore’s energy resilience by providing access to a more diversified and cleaner energy supply, supporting the country’s long-term sustainability goals.
“By leveraging its financial strength and reputation as a reliable business partner, Singapore can help unlock capital for large-scale infrastructure in neighboring nations, where land is more abundant but power demand is less concentrated,” said Raksit Pattanapitoon, lead Renewables & Power Analyst (APAC), Rystad Energy.