Page 12 - AsiaElec Week 35 2021
P. 12

AsiaElec                                     NEWS IN BRIEF                                           AsiaElec










       NIBS                                and Gas Act.                         access to other forms of renewable energy. It
                                              The proposed changes are set out under   plans to decarbonise its energy sector in four
       Singapore proposes green            the Energy (Resilience Measures and   ways: enhancing the efficiency of natural gas
                                           Miscellaneous Amendments) Bill and will
                                                                                plants, boosting solar deployment by putting
       standards power gen                 enable EMA to implement Singapore’s energy   panels everywhere, including on water bodies,
                                           transition, while ensuring the sustainability,
                                                                                importing low-carbon electricity from the
       companies                           security, and reliability of the power sector, the  region, and researching into low-carbon
                                                                                solutions such as hydrogen and carbon
                                           two agencies added.
       Singapore has proposed new green standards   The proposed changes will also enable   capture, utilisation and storage solutions.
       for power generation companies operating in   EMA to acquire, build, own and/or operate
       the country.                        critical infrastructure, and allow it to raise
         The country currently relies on natural   capital or issue bonds for infrastructure.
       gas — a fossil fuel — to fulfil over 95% of its   Additionally, damaging protective   CLIMATE
       energy needs.  However, in April this year, the   infrastructure housing cables or pipelines,
       island nation achieved its target for the year of   like cable tunnels, will now be considered an   erry faces tough talks in
       350MW of solar capacity. The installation of   offence, unlike earlier when penalty could
       rooftop solar PV systems on public housing   only be imposed upon the destruction of   China
       had become one of the prominent drivers for   actual cables or pipelines.
       the growth of solar PV in the country. The   Earlier this month, U.N. climate panel said   John Kerry’s visit to China is expected to go
       next big target is to get to 2 GW by 2030.  in a landmark report that global warming   beyond discussions about the climate, with
         The current proposal seeks to amend the   is dangerously close to spiralling out of   Beijing making it clear that any talks on
       Electricity Act, which will enable the Energy   control, warning that the world is already   emissions reduction must be accompanied by
       Market Authority (EMA) to set greenhouse   certain to face further climate disruptions for   wider talks on improving the two countries’
       gas emissions standards or policies that will   decades, if not centuries, to come. Humans   strained political relations.
       compel power generation firms to use low-  are “unequivocally” to blame, said the report,   Kerry held talks with vice-premier Han
       carbon technology, for example, to reduce   adding that unless immediate, rapid and large-  Zheng on September 2, the South China
       their emissions. In recent time, the EMA   scale action is taken to reduce emissions, the   Morning Post reported, and will also meet
       has been attempting to incentivise energy   average global temperature is likely to reach   State Councillor Yang Jiechi – China’s most
       efficiency for power generation companies   or cross the 1.5-degree Celsius (2.7 degrees   senior diplomat – via videoconference,
       through its various schemes and grants.  Fahrenheit) warming threshold within 20   according to a source familiar with the
         EMA and its parent ministry, the Ministry   years. The burning of fossil fuels is the main   arrangements who requested anonymity.
       of Trade and Industry, stated last week that   driver of modern climate change.  Foreign Minister Wang Yi made it clear
       they were seeking public feedback on a set   The Singapore Government has said that   on August 1, in a video call with Kerry, that
       of proposed amendments to three pieces   as a land-scarce country, the Republic lacks   any cooperation on climate change would be
       of energy legislation: the Energy Market   land for large solar farms. And while sunshine   inextricably linked to improving deteriorating
       Authority of Singapore Act, Electricity Act   is abundant in the tropics, Singapore lacks   China-US ties.





































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