Singapore to Miss Green Power Goal
Singapore is projected to fall short of its 2035 green energy import target by a wide margin. A Wood Mackenzie report notes that regulatory hurdles and financing delays hinder approved projects.
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Singapore will miss its 2035 target of importing 6 gigawatts of low-carbon electricity by a wide margin, reaching just 2% of its power generation mix, according to Wood Mackenzie researchers. The city-state has approved 9.25 GW of import capacity across six corridors, but zero projects have reached financial close or begun construction. The shortfall threatens Singapore's transition plan as the nation continues to rely on Natural Gas for up to 95% of its electricity.
