Page 15 - AsiaElec Week 43 2021

AsiaElec NEWS IN BRIEF AsiaElec

group announced its Integrated Project pointing out that the industry has been
Delivery Team (IPDT), which includes some waiting for two years for changes to the
of the world’s most recognised leaders in “investor-unfriendly formula” that PLN would
IMPORTS delivering complex infrastructure projects. use to pay contractors.
With trail-blazing partners including Bechtel, The pricing cap PLN has promised to pay
Singapore to import up to Hatch, Marsh, PwC Australia and SMEC (a contractors for renewable projects - even to
those in high-risk or remote regions - does
member of the Surbana Jurong Group), the
4GW of electricity by 2035 AAPowerLink project is on track to begin not reflect fair business practices, Mr Fabby
said, adding that pricing should be mutually
construction from 2024 and starting supply of
Sun Cable welcomes the Singapore electricity to Darwin by the end of 2026 and discussed and take into account differing risks
Government’s announcement today that it will Singapore in 2027. for investors.
import up to 4GW of electricity by 2035 and SUN CABLE
will run a competitive market process.
This is a strong commitment to reduce
emissions and achieve an energy transition RENEWABLES CAPACITY AUCTIONS
that meets Singapore’s economic and
sustainability goals. Sun Cable sees an Indonesia must tackle JERA wins TEPCO auction to
enormous opportunity for Singapore to be a
leader in energy transition, leveraging existing green energy pricing to offer extra power capacity
technologies in electricity transmission
projects, to build Singapore’s access to draw investors in winter
renewable electricity and support the
development of the ASEAN Power Grid. An ambitious plan by the Indonesian Japan’s biggest power generator JERA said
Singapore’s Minister for Trade and government to drastically cut the use of coal on Tuesday it had won an auction by Tokyo
Industry, Minister Gan Kim Yong’s stated: for electricity production in the next 10 years Electric Power Company (TEPCO) 9501.T
“Subsea electricity transmission technology will be difficult to achieve unless incentives to provide extra power generation capacity
is not new. In fact, it has already been widely are provided for renewable energy projects for during this winter to make up for any shortfall
adopted in Europe, UK and other Nordic private investors, say experts. in the Tokyo metropolitan area, Reuters
countries for decades. There are numerous In its 10-year electricity procurement reported.
new electricity import projects being plan (RUPTL) released recently, the The auction was held in September
developed around the world even as we government outlined plans to have just over by TEPCO Power Grid Inc for up to 800
speak.” half the number of power plants targeted for megawatts (MW) power source as a part of
This announcement comes at an important construction to rely on renewable energy, the the country’s efforts to avoid any recurrence
time, as Sun Cable announces that it is open first time this has happened. of the electricity crisis suffered during last
to expressions of interest from customers in The 2021-2030 RUPTL will see renewable winter, when customers were urged to ration
Singapore that desire net zero electricity. Sun power plants account for 51.6 per cent, or 20.9 usage to prevent blackouts.
Cable is working with significant potential gigawatts of expanded capacity in the country. JERA will restart the 600 MW No.5 unit
offtakers in Singapore, with the aim of Private investors - domestic and overseas of its Anegasaki liquefied natural gas (LNG)-
forming strategic partnership opportunities - have regularly been invited to build power fired power station in Chiba, near Tokyo,
for the provision of electricity into Singapore. plants in Indonesia and sell electricity to during January 4 and February 28, it said in a
For further information see the IDTechEx state utility PLN, which has the monopoly to statement.
report on Energy Harvesting Microwatt to supply households. The unit has been mothballed since April
Gigawatt: Opportunities 2020-2040. There are no plans under the latest RUPTL, this year.
Sun Cable announces the opening of an which is updated annually, to build coal-fired EPCO Power Grid separately said that it
expression of interest period for customers power plants other than those previously had secured a total of 631 MW additional
in Singapore who are seeking zero-emission committed. power generation capacity for this winter
electricity from the Australia-Asia PowerLink. Experts, though, were sceptical about through the auction, including 52 MW
Sun Cable is also releasing its research on the private sector involvement in renewable of demand response, or reduced use by
economic and environmental opportunity energy projects. electricity consumers.
from greater grid connectivity in the Asia “The government has stepped up The highest bidding price was 15,530 yen
Pacific region, at the Asia Clean Energy campaigns and fixed red tape, but more is per kilowatt(KW) and average bidding price
Summit. needed. If we are serious about this, we have was 14,440 yen per KW, it said in a statement.
With demand for reliable, renewable to make pricing attractive to investors doing “With the auction, we have now secured
energy soaring in Singapore, the Australia- the projects,” Mr Komaidi Notonegoro, the excess capacity at above 3% in January and
Asia PowerLink project has recently been executive director of the Reforminer Institute, February,” a spokesman at TEPCO Power
granted approval from the Indonesian an independent body, told The Straits Times. Grid said. Excess capacity below 3% could
government to survey the route through Indonesian Solar Energy Association lead to supply shortages and possibly even
Indonesian waters, and just last week, the (AESI) chairman Fabby Tumiwa agreed, blackouts.

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