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Singapore to import 1.2GW of low-carbon energy from Vietnam

Singapore’s Energy Market Authority (EMA) on October 24 announced that it has given tentative approval for plans to import 1.2 gigawatts (GW) of primarily wind-generated electricity from Vietnam.
Singapore to import 1.2GW of low-carbon energy from Vietnam ảnh 1Singapore to import 1.2GW of low-carbon energy from Vietnam (Photo:tuoitre.vn)

Hanoi (VNA) – Singapore’s Energy MarketAuthority (EMA) on October 24 announced that it has given tentativeapproval for plans to import 1.2 gigawatts (GW) of primarily wind-generatedelectricity from Vietnam.

The latest conditional approval – given to powerimport projects preliminarily found to be technically and commercially viable –comes after similar authorisations for a 1 GW import plan from Cambodiaand 2 GW from Indonesia earlier in the year.

The Vietnam power import venture, involvingSingapore’s Sembcorp Utilities (SCU) and Vietnam’s state-owned PetroVietnamTechnical Services Corporation (PTSC), includes the laying of subsea powercables spanning around 1,000 kilometres between the two countries.

Singapore to import 1.2GW of low-carbon energy from Vietnam ảnh 2 Prime Minister Pham Minh Chinh and leaders of ministries and branches of Vietnam and Singapore witness the presentation ceremony of a joint development agreement between PTSC and Sembcorp Utilities Pte. Ltd in developing offshore wind power projects for export to Singapore (Photo: VNA)

During an official visit of Vietnamese Prime MinisterPham Minh Chinh to Singapore in February 2023, PTSC and SCU signed aninvestment cooperation agreement for energy export to Singapore from offshorerenewable energy in Vietnam.

Accordingly, PTSC and SCU will cooperate to invest inan offshore wind farm in Vietnam with an initial capacity of about 2.3 GW andexport electricity directly to Singapore via a high-voltage underground cable. 

Sembcorp said the Vietnam offshore wind farm could start operating by 2033 subject to approvals and barring unforeseen events.

To achieve net zero carbon emissions by 2050, theSingapore Government plans to import 30% of its electricity needs by 2035 fromclean energy sources as well as introduce a progressive carbon tax roadmap./.

VNA
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