Teo, who is also Singapore’s chairman of the Inter-Ministerial Committee on Climate Change, added that Singapore had been in talks with Australian companies, some of which had expressed interest in supplying Singapore with green electricity. The energy ministry did not immediately respond to a request for comment on Indonesian renewable energy exports to Singapore. However, these countries were located far from Singapore, and importing renewable electricity from them would require lengthy transmission and subsea cables, which could be risky and inefficient. Furthermore, Malaysia, which is as close to Singapore as Indonesia, lifted its electricity export ban this year, two years after imposing it. The opportunity could help push the development of domestic renewable energy, including demand for industries producing components for clean energy, such as solar photovoltaic.

Source: The Star July 20, 2023 02:19 UTC