The Latest Step Toward Singapore’s Net-Zero Goal with Offshore Wind Energy Import
On October 24, 2023, Singapore’s Energy Market Authority (EMA) granted conditional approval to Sembcorp Utilities, in partnership with Petrovietnam Technical Services, to import 1.2 gigawatts (GW) of low-carbon electricity from Vietnam. This electricity, primarily generated by offshore wind energy, will significantly contribute to Singapore’s push for decarbonizing its power sector and achieving net-zero emissions by 2050.
This marks Singapore’s fourth cross-border electricity import agreement, furthering the country’s efforts to integrate renewable energy from regional sources. With operations expected to start by 2033, Sembcorp and Petrovietnam will focus on the development of the project proposal and securing the necessary permits, including export approval from Vietnam and import permits from the EMA.
The electricity will be transmitted via subsea cables that span approximately 1,000 kilometers, representing a key step in diversifying Singapore’s renewable energy supply. This deal follows similar agreements with Indonesia and Cambodia, along with an earlier 100 MW renewable hydropower import from Laos. By 2035, Singapore aims to import 4 GW of low-carbon electricity, enhancing its energy security and sustainability efforts.
This project also aligns with a broader regional initiative to enhance grid interconnections and renewable energy deployment, which could lead to reduced emissions, lower costs, and greater energy security for ASEAN nations. Additionally, Singapore continues to advance domestic solar energy deployment and implement smart grid technologies, contributing to the overall success of its energy transition.
