Singapore Issues RFP 2 For 4 GW Clean Energy

Energy Market Authority Seeking Non-Binding Proposals For Non-Coal Power Supply

Singapore Issues RFP 2 For 4 GW Clean Energy

EMA will consider 20 proposals it received under RFP1 round for 4 GW clean energy electricity to compete with those received under RFP2 round. (Illustrative Photo; Photo Credit: Jenson/Shutterstock.com)

  • EMA launches RFP2 for 4 GW power supply from non-coal power generating entities
  • It has combined both RFP1 and RFP2 under a single RFP2 which will also consider proposals submitted under RFP1
  • Under RFP1, it received 20 proposals to supply electricity from solar, wind, hydro and geothermal power from nearby island nations of Indonesia, Laos, Malaysia and Thailand

The Energy Market Authority (EMA) of Singapore has opened another round of its request for proposals (RFP), dubbed RFP2, as part of plans to import up to 4 GW of electricity by 2035 to decarbonize the country’s energy sector.

Back in November 2021, EMA launched an RFP to select and appoint new competent entities to import and sell up to 1.2 GW electricity in Singapore via new interconnectors between the country and the source country, for delivery by the end of 2027. The remaining capacity out of 4 GW plan was to be issued via RFP2 (see 1.2 GW Solar Development In Indonesia).

Now, it has streamlined both RFPs into a single RFP2. “This will provide more time and flexibility for interested participants to prepare their proposals, and allow EMA to achieve its objective of appointing Importers to import and sell up to 4GW by 2035,” explained EMA.

Under RFP1, it received 20 proposals to supply electricity from solar, wind, hydro and geothermal power from Indonesia, Laos, Malaysia and Thailand. Proposals submitted under RFP1 will automatically be considered under RFP2 without the need to submit all over again, it added.

Under RFP 2, it is seeking non-binding proposals as expression of interest (EOI) for preliminary discussions. Final proposals for submission can be developed basis the discussions with EMA, any time before December 29, 2023.

EMA said it may also award conditional approvals (CA) to viable and attractive proposals at any time during the RFP process.

Interested companies need to demonstrate their supply reliability, credibility, tracl record, cost-competitiveness, and ability to supply and manage the carbon output of their power generation supply. The EMA specified it won’t entertain electricity supply proposals from coal-fired generation.

Details of RFP2, launched on July 1, 2022, are available on EMA’s website.

There is a lot going on in Singapore’s solar market with several companies interested in supplying solar power to the country from as far as Australia through Sun Cable’s AAPowerLink project, and as near as Indonesia from 1.2 GW Masdar, Tuas, EDFR and PT Indonesia project, and also Quantum Power Asia and ib vogt’s Indonesia solar and storage project (see Singaporean JV For 3.5 GW Solar & 12 GWh Storage).

As Singapore diversifies its power suppliers globally, Rethink Research analysts point out the ‘reliability’ aspect for the island nation as it hands over the country’s power generation to offshore entities in different countries with their ever changing policies and governments.

About The Author

Anu Bhambhani

Anu Bhambhani is the Senior News Editor of TaiyangNews

Latest Videos

Loading...
Subscribe To Our Taiyang NewsLetter 
Enter your email to receive our daily solar sector updates.