As Singapore embarks on its energy transition, Tuas Power, one of the leading utilities firms in the country, faces a tall order to decarbonise its operations as it runs fossil fuel generating facilities, including the sole coal power plant in the market.
Owned by China Huaneg Group through its subsidiary Sino-Singapore Power (Private) Co. Ltd., Tuas Power has a total installed capacity of 2,467 megawatts (MW): a 600-MW oil-fired unit, four 367.5-MW natural gas combined cycle (NGCC), and a 406-MW NGCC unit. It also operates the Tembusu Multi Utilities Complex which uses biomass coal to produce steam for power generation. This accounts for over 20% of Singapore’s energy share.
Speaking to Singapore Business Review, Tuas Power Chief Operating Officer Michael Wong candidly acknowledged that decarbonisation is a challenge for their operations. Unfazed, though, the power company has embarked on initiatives to enhance the operational efficiency and diminish carbon emissions in its existing plants.
Wong said this entails significant upgrades. Some of the measures Tuas Power is implementing for the energy transition is increasing the share of biomass use for power generation, and exploring importation of renewable energy from Indonesia, he said.
Diese Geschichte stammt aus der Issue 106-Ausgabe von Singapore Business Review.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der Issue 106-Ausgabe von Singapore Business Review.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Smile API Eases Loan Process
Financial institutions and lenders rely on credit worthiness to grant loans, but assessing it can be challenging with only employment and payroll information. Smile API addresses this challenge by transforming employment data into credit data.
Industry Concerns Rise As Accountant Numbers Decline
Accounting firms and universities strive to boost the sector's appeal with new roles and education programmes.
New Rule Curbs Biases Against Flexi Work
Employers who oppose remote work solely because it deviates from traditional office norms can no longer deny this option to employees and may face consequences for doing so.
Trials Target Better Management Of Treatment-Resistant Depression
Managing treatment-resistant depression (TRD) can take months to years, but Singapore is accelerating the process by embarking on trials of personalised transcranial magnetic stimulation (TMS) specifically tailored for Asian brains.
Singapore's tech powerhouses triumph at SBR Technology Excellence Awards 2024
In today's digital age, technological innovation is not just a competitive advantage; it is a key driver of progress. Companies that embrace digital disruption and leverage the power of technology are unlocking a world of opportunity, transforming industries, and shaping a more connected future.
InterContinental unveils rain refund package for guests
Guests receive a refund for a 1-night room rate if it rains for more than 2 hours during their stay.
New law weaves in work protections and retirement benefits into gig workers' safety net
Platform workers will be able to make CPF contributions into their ordinary and special accounts.
Surbana Jurong's new HQ integrates green spaces and smart technology
The headquarters features biophilic elements that enhance natural light and air circulation.
ION Orchard dives into gamification amidst experiential retail demand
The mall's in-app augmented reality game offers more than 30 rewards.
Why Singaporeans are okay with locking away over $4b of their money
Customers can only access locked’ money with a physical card or by visiting a branch.