Singapore to introduce new emissions guidelines for fossil-fuel energy vegetation By Reuters

By Emily Chow

SINGAPORE (Reuters) – Singapore’s power regulator will probably be introducing new emissions requirements for brand spanking new and repowered fossil fuel-fired energy technology models in 2023, a minister mentioned on Wednesday.

The Vitality Market Authority (EMA) will seek the advice of with the trade within the coming months and can launch particulars on the requirements subsequently, Low Yen Ling, the minister of state for the ministry of commerce and trade, mentioned on the Singapore Worldwide Vitality Week convention.

The brand new guidelines are a part of the implementation of a legislation the city-state handed final 12 months that allowed the EMA to set greenhouse fuel emissions requirements.

The measure additionally follows Singapore saying plans to scale back its emissions goal for 2030 to 60 million tonnes of carbon dioxide (CO2).

Town-state will even improve the effectivity of its energy vegetation “by requiring all new technology models to make use of the best-in-class expertise accessible,” mentioned Low, with out elaborating on the expertise required.

Low additionally introduced that Singapore and Japan signed a memorandum of cooperation (MOC) to advance power safety and transitions.

The memorandum will improve bilateral cooperation “to advertise funding throughout the liquefied (LNG) worth chain, exploration of alternatives to assist LNG procurement, and drawing on our LNG connections to determine regional provide chains of low-emissions fuels,” mentioned Low.

The brand new MOC builds on a earlier memorandum that coordinates the use and assist for pure fuel provide chains with low-emission applied sciences like hydrogen, ammonia and carbon seize, utilisation and storage.

Final month, Japan additionally signed a memorandum of cooperation with Malaysian state power agency Petronas which incorporates consideration of joint upstream funding, cooperation on slicing methane emissions, mutual help in gasoline provide and the usage of LNG tanks within the occasion of an emergency provide crunch.