YTL PowerSeraya Pte Ltd (YTLPS), a unit of YTL Power International Bhd, has been appointed for a two-year trial to import 100 megawatts (MW) of electricity from Peninsular Malaysia.
This followed a request for proposal (RFP) process initiated in March 2021, according to the republic’s Energy Market Authority (EMA) today.
The energy market regulator said YTLPS was selected as its proposal was “best able to meet EMA’s requirements to trial electricity imports via the existing interconnector”.
“This is expected to commence in early 2022,” EMA said in a statement issued in Singapore.
YTLPS’s power generation business has a licensed generating capacity of 3,100MW and sits on Jurong Island – Singapore’s oil, gas, and petrochemicals hub.
Singapore is also working on the Laos-Thailand-Malaysia-Singapore Power Integration Project (LTMS-PIP) to import up to 100 MW of power from Laos to Singapore via Thailand and Malaysia using existing interconnections from 2022 to 2023.
In September 2021, the four countries issued a second joint statement to reaffirm their commitment towards the project, as well as look forward to the early finalisation of all agreements underpinning LTMS-PIP to commence cross-border power trade in 2022.
The project will serve as a pathfinder towards realising the broader Asean Power Grid vision of multilateral electricity trading in the region.
In the same statement, EMA said it intended to issue two RFPs for up to a total of 4.0 gigawatts (GW) of low carbon electricity imports into Singapore by 2035.
“This is expected to make up around 30 percent of Singapore’s electricity supply in 2035,” it said.
The first RFP will be launched in November 2021, while the second RFP is expected to be issued in the second quarter (Q2) of 2022.
EMA will conduct the first RFP to import up to 1.2 GW of electricity which will begin by 2027, while the second RFP will be for the remaining quantities of electricity imports by 2035.
The two RFPs will outline the requirements, including how electricity imports should be from low carbon sources.
EMA said proposals for electricity imported from coal-fired generation sources will not be accepted.
Companies that are interested may visit the EMA website in November 2021 and Q2 of 2022 for the details and submission process of the first and second RFP respectively.
- Bernama
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