Solar power to account for 5% of peak electricity demand in 2020
Second Trade and Industry Minister S Iswaran says Singapore plans to widen the use of solar energy.
Speaking during the committee of supply debate, he says the adoption of solar power will be raised to 350 Mega-Weatt-peak (MWp) by 2020.
This is about five per cent of the 2020 peak electricity demand, a significant increase from about 15 MWp of installed capacity today.
Mr Iswaran says the Economic Development Board will work with key government agencies to aggregate demand for solar deployment across Government buildings and spaces.
He says this "SolarNova" programme will also catalyse the growth of the clean-energy sector, and create opportunities for Singapore businesses.
Given that renewable energy sources like solar are intermittent in nature, the Energy Market Authority, EMA, is reviewing its regulations to ensure our system remains stable.
It will continue to work with industry to refine the regulatory framework.
Mr Iswaran says the government will also support the use of renewables by continuing to test-bed innovative energy technologies and business models.
An example is the deployment of floating photovoltaics on reservoirs to overcome land constraints.
In addition, the inter-agency Energy Innovation Programme Office is funding research into technologies to allow the integration of intermittent generation sources into our electricity grid.
He says these initiatives not only create business opportunities for our clean-tech ecosystem but also good jobs for Singaporeans.
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