Developers offered new incentives to use greener cooling solutions
The Straits Times|September 19, 2024
Bonus floor space for those that build new district systems or tap existing ones
Ng Keng Gene
Developers offered new incentives to use greener cooling solutions

More buildings here might soon use centralised chillers for their air-conditioning needs, after the Government announced new incentives for developers that tap these energy-efficient cooling systems.

From Sept 18, building owners will receive bonus gross floor area for their developments should they establish new district cooling systems, or tap existing ones, said National Development Minister Desmond Lee.

This means developers will be given additional floor space over and above what is prescribed for their respective development sites in the Urban Redevelopment Authority's (URA) masterplan.

Mr Lee, who announced the new incentives at the NUS Cities Symposium on Sept 18, said such centralised cooling solutions help Singapore achieve both space and energy savings, contributing to efforts to make the country greener.

Air-conditioning can account for about half of a building's energy consumption. The Government previously said that users of the district cooling system in Marina Bay presently the largest such system in the world - have seen energy savings of more than 40 per cent.

District cooling systems typically supply the cooling needs of several buildings using centralised chiller plants, doing away with the need for each building in the network to build and operate its own plants.

By sharing the load of cooling and optimising energy consumption, members of the network lower carbon emissions and save costs.

هذه القصة مأخوذة من طبعة September 19, 2024 من The Straits Times.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة September 19, 2024 من The Straits Times.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من THE STRAITS TIMES مشاهدة الكل
The Straits Times

NUS team discovers way to rejuvenate eggs of older women

Researchers' breakthrough could boost success of assisted reproductive tech

time-read
3 mins  |
September 19, 2024
The Straits Times

US senator slammed for saying Muslim advocate supports extremism

Republican Senator John Kennedy accused a leading Muslim civil rights advocate of supporting extremism during a Senate hearing on hate incidents in the US, drawing criticism from many rights groups.

time-read
1 min  |
September 19, 2024
Canadian PM shows no sign of stepping down despite election loss
The Straits Times

Canadian PM shows no sign of stepping down despite election loss

Doubts about the leadership of Canadian Prime Minister Justin Trudeau intensified after his ruling Liberal Party suffered a second humiliating loss in a special election, but the unpopular leader is determined to cling to office ahead of a looming national vote.

time-read
3 mins  |
September 19, 2024
Golf – a refuge for US presidents but a headache for the Secret Service
The Straits Times

Golf – a refuge for US presidents but a headache for the Secret Service

Security risks abound on golf courses, with their wide-open spaces offering easy access

time-read
3 mins  |
September 19, 2024
More women aged 50 and older having babies
The Straits Times

More women aged 50 and older having babies

The boundary of motherhood has shifted over the past few years as more women aged 50 and above are having babies.

time-read
1 min  |
September 19, 2024
Developers offered new incentives to use greener cooling solutions
The Straits Times

Developers offered new incentives to use greener cooling solutions

Bonus floor space for those that build new district systems or tap existing ones

time-read
3 mins  |
September 19, 2024
COE prices mostly higher; Open category premium hits $113,104
The Straits Times

COE prices mostly higher; Open category premium hits $113,104

Certificate of entitlement (COE) premiums climbed across most categories on Sept 18, with the Open category recording the biggest rise to hit $113,104.

time-read
2 mins  |
September 19, 2024
Turn phone or laptop into health screener with new software
The Straits Times

Turn phone or laptop into health screener with new software

A new software that analyses users' vital signs can turn any laptop or phone camera into a fullyfledged health screening device.

time-read
2 mins  |
September 19, 2024
The Straits Times

New Silkroutes ex-director gets jail for key role in market rigging

A former finance director of Singapore-listed New Silkroutes Group was sentenced to 12 weeks in prison on Sept 16 after pleading guilty to manipulating its share prices to allow its shares to be used as consideration for corporate deals.

time-read
2 mins  |
September 19, 2024
The Straits Times

Circle Line services hit again after fire in depot

Transport Correspondent For a second day, passengers on the Circle Line (CCL) had their journeys disrupted after several trains briefly lost power at about 8pm on Sept 18, stalling for about 15 minutes.

time-read
2 mins  |
September 19, 2024