Singapore Shares Initiatives for the Energy Market at the Singapore International Energy Week 2013

October 28, 2013 by  
Filed under Insights

Minister S Iswaran speaking at SIEW 2013

Mr S Iswran, Minister in the Prime Minister’s Office and Second Minister for Home Affairs and Trade and Industry, shares Singapore’s initiatives for the energy market at the Singapore International Energy Week (SIEW) 2013. SIEW is an annual gathering of global energy leaders from the government, industry and international organisations to discuss energy issues, strategies and solutions. This year’s theme, New Horizons in Energy, highlights the resurgence of new oil and gas supplies, and the emergence of technologies that are shaping global energy dynamics.

Singapore is currently diversifying its energy sources through the new Liquefied Natural Gas (LNG) terminal and preparing for solar energy. The LNG terminal started operations in May this year with a capacity of 3.5 million tonnes per annum (Mtpa), and the eventual plan is to expand the terminal with 4 tanks to boost its capacity to 9 Mtpa by 2016.The terminal helps to enhance energy security and allow Singapore to explore opportunities in LNG trading, break bulking and bunkering. Read more

2012 Guide to Singapore Government Funding and Incentives for the Environment

May 30, 2012 by  
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Updated 2015 Guide to Singapore Government Funding and Incentives for the Environment

Singapore is well-known as a clean and green city with the government striving for environmental sustainability while growing the economy. The government has also identified Environmental and Water Technologies (EWT) including Clean Energy as strategic areas where Singapore has a competitive edge and which could generate future economic growth.

To accelerate the growth of the environmental industry and to maintain Singapore’s image as a City in a Garden, the government has initiated several funding and incentive schemes related to energy efficiency, clean energy, green buildings, water and environmental technologies, green transport and shipping, waste minimisation, energy and greenhouse gas management, and environmental initiatives and training.

The funding and incentive schemes are provided by government agencies such as:

To help businesses understand what’s available, we have compiled a list of 35 government funding and incentives for the environment:

  1. Energy Efficiency Improvement Assistance Scheme (EASe)
  2. Grant for Energy Efficient Technologies (GREET)
  3. One-Year Accelerated Depreciation Allowance for Energy Efficient Equipment and Technology (ADAS)
  4. Design for Efficiency Scheme (DfE)
  5. Singapore Certified Energy Manager (SCEM) Training Grant
  6. Clean Energy Research and Testbedding Programme (CERT)
  7. Energy Research Development Fund (ERDF)
  8. Solar Capability Scheme (SCS)
  9. Pilot Building Retrofit Energy Efficiency Financing (BREEF) Scheme
  10. Green Mark Incentive Scheme for Existing Buildings (GMIS-EB)
  11. Green Mark Incentive Scheme – Design Prototype (GMIS-DP)
  12. Green Mark Gross Floor Area Incentive Scheme (GM-GFA)
  13. MND Research Fund for the Built Environment
  14. A*STAR-MND Joint Grant Call
  15. Skyrise Greenery Incentive Scheme
  16. Sustainable Construction Capability Development Fund
  17. Water Efficiency Fund (WEF)
  18. Fast-Track Environmental and Water Technologies Incubator Scheme (Fast-Tech)
  19. TechPioneer Scheme
  20. Incentive for Research and Innovation Scheme (IRIS)
  21. Innovation Voucher Scheme
  22. Innovation for Environmental Sustainability (IES) Fund
  23. One-year Accelerated Depreciation Allowance for Highly Efficient Pollution Control Equipment
  24. Land Transport Innovation Fund (LTIF)
  25. Green Vehicle Rebate (GVR)
  26. Transport Technology Innovation and Development Scheme (TIDES+)
  27. Green Technology Programme
  28. Green Ship Programme
  29. Green Port Programme
  30. 3R (Reduce, Reuse, Recycle) Fund
  31. Environment Technology Research Programme (ETRP)
  32. Quality for Enterprises through Standards (QUEST) Programme
  33. Clean Development Mechanism Documentation Grant
  34. 3P Partnership Fund
  35. Infocomm Leadership and Development Programme (iLEAD) Expanded

If we missed out any funding or incentive scheme, do let us know. Thanks! Read more

IEA Chief Economist offers a look at our energy future

June 21, 2011 by  
Filed under Insights

The era of cheap oil is over, and policies fall short of what is needed for a secure and sustainable energy future, says Dr Fatih Birol, Chief Economist of the International Energy Agency, in his lecture titled “A Glimpse into the Energy Fututre” at today’s EMA Distinguished Speaker Programme. This lecture is jointly organised by the Energy Market Authority and the Energy Studies Institute.

Era of cheap oil is over

Dr Birol shares that the era of cheap oil is over because of structural changes, and there is growing risk that the upturn in oil prices could undermine economic recovery.

On the demand side, strong growth from the transportation sector due to booming demand for mobility in emerging economies drives up oil use. The global car fleet continue to surge as more people in China and other emerging economies buy a car. Read more

Monitor Your Electricity Consumption at Home

May 8, 2009 by  
Filed under Insights

Your utility bill shows the electricity consumption (in kWh) of your house over the past six months and also indicates the national average consumption for your house type. If your electricity consumption is below the national average, good for you. If not, you should start to monitor your energy consumption at home and find ways to reduce energy usage.

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Electricity Audit Calculator

To find out which appliance at home consume the most electricity, you can use this electricity audit calculator from SP Services. The audit will help you calculate the estimated electricity consumption per month and also the electricity consumed by each appliance in kWh and cost.

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Energy Monitor

etrackIf you want more accurate monitoring of your appliance’s energy consumption and to track your consumption over time, you can use an energy monitor such as ETrack or Wattson. These energy monitors can track the real time and monthly energy consumption of appliances in the home and display energy consumption in kWh and cost.

With the above calculator and energy monitor, you can monitor your electricity consumption at home and reduce the usage of high energy-consuming appliances or adjust your lifestyle to consume less energy.

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Electricity Vending System

In the future, we might have smart energy meters installed in our homes. The Energy Market Authority (EMA) is currently studying the feasibility of the Electricity Vending System (EVS), which involves installing smart meters that allow consumers to choose an electricity package and manage the electricity consumed at home.

evs