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Singapore expands energy investments, cross-border power trade at SIEW 2026

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Singapore’s Energy Market Authority (EMA) granted conditional approval to Sembcorp’s cross-border electricity import project during Singapore International Energy Week. (Photo: SIEW)

Singapore is accelerating efforts to diversify its energy supply, announcing new projects in geothermal energy, energy storage, low-carbon technologies and power infrastructure as Singapore International Energy Week (SIEW) opened on Oct. 26. 

The city-state is also strengthening cross-border electricity cooperation, renewing an energy agreement with Malaysia and granting conditional approval to Sembcorp Utilities for a 1.3 GW regional electricity import project.

The five-day SIEW 2026, running from Oct. 26 to 30, brings together policymakers and industry leaders to discuss Singapore's energy transition and wider developments across the Asia-Pacific region. Energy Market Authority (EMA) Chief Executive Puah Kok Keong has emphasised the importance of regional electricity interconnectivity, renewable energy investment and closer regulatory cooperation in building a more resilient energy system.

Unlock the full article to explore three key takeaways:

  1. Singapore’s peak demand may reach up to 13 GW by 2031, up from 8.6 GW in August 2026.
     
  2. Plan to increase storage capacity to nearly triple to over 1 GWh by 2030.
     
  3. Sembcorp’s 1.3 GW import plan gets conditional approval, targeting imports by 2035.
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