Singapore

Its dependence on imports could exceed 80% in 2040, up from 65% today.

It is marketed at a price of 17.66 cents/kWh.

The government is exploring vertical solar panel installations.

It also fully automated its digital REC trading platform.

Almost 300 years since the discovery of electricity, 65 million of Southeast Asia’s population still goes without access to the electrical grid. At nightfall, millions continue to burn firewood to heat their homes and light up the darkness. The lack of energy presents a barrier to the region, holding back progress on many levels such as food security, health, education, work and poverty reduction. Yet the next frontier in Southeast Asia’s efforts to sustainably and efficiently power its communities – rural and urban – is already within reach: lithium-ion batteries.

Only 1,500MW entered construction in H1 2019, following 2,744MW in 2018.

Its governments will no longer need to subsidise the industry.

It will also build a regasification terminal worth $500m.

The city’s solar-friendly policies and high irradiance could boost capacity to 319MW in 2028.

Microgrids could serve 100 million people in the region who still have no electricity.

The joint venture will first target India, South Korea and Taiwan.

It will act as a single utility-scale power station.

It will be placed in more than 1,200 HDB blocks and 49 government sites.

Lower cost of natural gas caused the tariffs to fall.

The region took up 60.2% of the global market of tenders for the time period.

The country is still aiming to surpass its current electrification rate of 40%.