A photo taken on Feb 3, 2021 shows workers assembling solar panels on the shore of the Tengeh Reservoir as part of the construction of a floating solar power farm in Singapore. ROSLAN RAHMAN/AFP
Chinese energy companies are poised to play a crucial role in Southeast Asia's ambitious green transition and regional power grid integration, leveraging their technological dominance to unlock major market opportunities, a senior Singaporean official said.
"Greater regional connectivity can improve resilience, efficiency and energy security outcomes," said Puah Kok Keong, chief executive of the Energy Market Authority of Singapore, during a recently held seminar co-hosted by China Southern Power Grid. "A more integrated regional energy system would allow economies to diversify energy sources, reduce vulnerabilities and draw on mutual support from neighbors."
Grid integration is becoming increasingly vital as Singapore and its neighbors race to meet their decarbonization goals. Currently relying on natural gas for about 95 percent of its power generation, the land-scarce city-state is accelerating efforts to diversify its energy mix, he said.
Puah Kok Keong
