Singapore (Common Wealth) _Singapore is open to buying electricity from nations in the area, including India, in an effort to strengthen energy security in the city-state, according to the Energy Market Authority (EMA).
According to the report, the Energy Market Authority supports proposals to import up to four gigatonnes of power into Singapore. It will select and appoint companies to import electricity after receiving proposals until December 29. The EMA’s statement follows enquiries to the agency about reports indicating conversations between India and Singapore about a prospective interconnection of their respective electricity systems.
According to media sources, the EMA has received offers to import a significant amount of electricity into Singapore, up to four gigatonnes. As per the material supplied, the EMA has issued a request for bids, with a deadline of December 29. This project seeks to find relevant organizations that can be appointed to oversee power imports.
Historically, India and Singapore have shown a keen interest in connecting their electrical systems. This plan is intended to be facilitated by the building of an undersea cable through the Andaman and Nicobar region. This strategic move could allow Singapore to tap into India’s renewable energy supplies, contributing to the country’s energy diversification aims.
Due to unpredictable price swings, power market instability has been an issue in Singapore, and alternate sources of electricity are required to maintain a dependable and cheap supply of electricity. Singapore intends to strengthen its energy security framework by incorporating electricity from other countries.
According to reports, Singapore previously stated that it would investigate a range of options, including regional power networks, for developing renewable energy in the country due to land constraints and intermittent solar power.
Because of their geographical remoteness from the mainland, the Andaman and Nicobar Islands face unique issues in terms of power supply. According to one assessment, diesel generating accounts for roughly 91 percent of overall generation capacity across the union territory’s several islands, with the remainder coming from other sources, hydroelectricity and sola power. India has also discussed connecting its power grids to trade renewable energy with Saudi Arabia and the UAE. According to media, this plan has been in the works for some time, in addition to Oman, where India may make a stop before joining the UAE and Saudi Arabia.
