To achieve its net-zero emissions goal by 2050, the Government of Singapore is accelerating efforts to promote the decarbonization of its power sector, aiming to import 6 GW of low-carbon electricity by 2035. Currently, about 95% of Singapore's electricity is derived from natural gas, with the rest coming from solar power, diesel, and other energy sources. With electricity generation accounting for 40% of the country's carbon emissions, the city-state is diversifying its energy mix through cross-border imports from ASEAN neighbors, including hydropower from Laos, solar electricity from Indonesia and Australia, and low-carbon energy from Cambodia and Vietnam. The SunCable project, which will bring solar power from Australia via a 4,300-km undersea cable, is expected to reduce emissions by 6 million tonnes annually.
In addition to expanding green electricity imports, Singapore is integrating hydrogen-compatible technologies into its natural gas plants and exploring ammonia as a low-carbon fuel. With industrial, commerce, and services sectors accounting for 80% of electricity consumption, according to the Energy Market Authority, these steps are critical for meeting the country’s climate goals. These initiatives provide U.S. businesses in Southeast Asia with access to renewable energy sources, offering opportunities to meet their sustainability targets while supporting regional decarbonization efforts.
