Singapore has set a new pathway to accelerate the transition to net zero emissions with hydrogen seen as a major energy source that could supply up to half of the country’s power needs by 2050. The city-state has tightened its national climate target and plans to achieve net zero emissions by 2050 and peak its emissions before its previously stated deadline of 2030.
Low-carbon hydrogen, including its derivatives such as ammonia, has emerged as a key potential pathway for Singapore, Deputy Prime Minister and Minister for Finance, Lawrence Wong, said in a speech at Singapore International Energy Week (SIEW).
The government will take steps to prepare for hydrogen deployment domestically and work with partners to build a hydrogen supply chain in Asia. The strategy comprises five key thrusts.
The first step will see Singapore issue an expression of interest for a small-scale commercial project utilising low-carbon ammonia for power generation. “With this, Singaporeans may start to have access to electricity generated from low-carbon hydrogen from 2027,” Wong said, adding this step would also include developing ammonia supply chains to also support marine bunkering needs.
A further S$129m ($90.6m) will be set aside to support hydrogen research and development on top of the S$55m funding awarded in October.
Beyond that, the government will be working to develop hydrogen trading by creating standards and frameworks such as a guarantee of origin to certify the low-carbon origin of imported hydrogen. Land and infrastructure plans will also be developed to import, store and transform hydrogen into power.
Tags: NetZero, SIEW, Singapore
Recent Posts
Vedanta Aluminium signs pact with GAIL for supply of natural gas
HMM introduces South Korea’s first LNG-powered vessels
NGEL inks pact with NREDCAP in Andhra for RE projects
Global warming won’t end if net zero is redefined
The Liberian Registry and Korean Register (KR) grant AiP to Samsung
To satisfy decarbonization targets, Big Oil invests billions in the manufacture of biofuel
ISO issues standards for methanol as a marine fuel
Amazon, partners to test electric trucks on a freight corridor in India