Deals Counterparts
S

Singapore Energy Authority

company 1 Deal 2 Partners

The Energy Market Authority (EMA) is a statutory board under Singapore's Ministry of Trade and Industry, responsible for regulating and developing the nation's electricity and gas sectors. It focuses on ensuring energy security, promoting market competition, and driving the transition to a low-carbon future through initiatives in solar, battery storage, hydrogen, and regional power grid integration.

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Founded 2001 Parent: Ministry of Trade and Industry, Singapore
Government AgencyRegulatorPolicy MakerPlannerInvestor

Strategic Overview

  • Ensuring energy security and reliability for Singapore through diversification of energy sources and regional integration.
  • Promoting competition and efficiency in Singapore's electricity and gas markets.
  • Driving the energy transition towards a low-carbon future, focusing on solar, energy storage, and hydrogen.
  • Developing regional power grids and interconnectors to import low-carbon electricity from neighbouring countries.
  • Investing in research and development for advanced energy technologies and solutions.

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Deal Activity from Public Sources

EMA awarded conditional approvals to five companies to import 1.2 GW of low-carbon electricity from Indonesia (Batam and Bintan) and Malaysia into Singapore
Partnership Solar PV, Hydropower, Transmission Indonesia, Malaysia July 2023 1200 MW
EMA and SP Group awarded a tender to Red Dot Power for a 200 MWh Energy Storage System on Jurong Island, Singapore
Development Battery Storage Singapore March 2023 200 MWh with Red Dot Power
EMA and the National Research Foundation (NRF) awarded S$55 million to fund 6 hydrogen-related research and development projects in Singapore
Financing Green Hydrogen Singapore October 2022
Singapore began importing 100MW of hydropower from Laos via Thailand and Malaysia under the Laos-Thailand-Malaysia-Singapore Power Integration Project (LTMS-PIP)
Partnership Hydropower, Transmission Laos June 2022 100 MW

Investment Focus

Technologies
Nuclear1
Geography
Singapore1

Key People

Mr Ngiam Shih Chun
Chief Executive
Mr Tan Chee Hau
Deputy Chief Executive
Mr David Tan
Deputy Chief Executive

Track Record

23
Years Active

Detailed Analysis

Technologies
Electricity GridNatural GasSolar PV (2 deals)Battery Storage (2 deals)Green Hydrogen (1 deal)Hydropower (2 deals)Transmission (2 deals)Energy EfficiencyDistrict CoolingSmart Grids
Geographies
Singapore (3 deals)Laos (1 deal)Thailand (1 deal)Malaysia (2 deals)Indonesia (1 deal)CambodiaVietnamAustralia/NZAsia Pacific (2 deals)
Deal Stage
GreenfieldBrownfieldOperating

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