Jakarta, CNBC Indonesia – Singapore is currently facing an energy crisis that will affect the country’s electricity supply. This is due to the disruption of gas supply to the neighboring country of Indonesia.
As a result of the limited supply of natural gas, several power producer companies have started to declare that they will leave the electricity business in Singapore. Last week, Ohm Energy and iSwitch said they would cease operations and have returned user accounts to the SP group, the state-owned electricity company in Singapore.
In total, at least now there are three companies claiming to be leaving the electricity business in Singapore. The country has indeed liberalized electricity since 2018, by launching an Open Market (OEM) system.
So what will Singapore do in dealing with this?
In order to prevent Singapore from being ‘dark dark’, the government also plans to start importing electricity from surrounding countries. RI is one of the countries that will send electricity there.
The Singapore government plans to start importing electricity from surrounding countries. RI is one of the countries that will send electricity there.
Later, Singapore will import as much as 100 megawatts (MW) of electricity supply from the solar power plant located on Bulan Island, Riau Islands Province. This will start in 2024.
“This trial allows us to study and improve our systems and processes as we increase our imports,” Gan said in a speech at the Singapore International Energy Week event.
“We will also import various types of low-carbon energy from different parts of the world to diversify our sources and improve energy security.”
For the technical stage, later the consortium led by the power generation company Pacific Light Power will connect the solar power plant on Pulau Bulan to the Pacific Light Power power plant in Singapore.
Apart from Indonesia, the Asian financial center will also import its electricity from Malaysia. The capacity imported from the federation also reaches 100MW.
The condition of Singapore’s electricity itself cannot be separated from Indonesia. The country that uses about 95% of gas in its electricity use is known to get the majority of its supply from Indonesia.
“About 60% of their gas supply comes from Indonesia,” said Komaidi Notonegoro, Executive Director of the ReforMiner Institute to CNBC Indonesia some time ago.
As is known, the high demand for natural gas in the world is the cause of the crisis in gas supply to Singapore and has an impact on skyrocketing electricity prices. This has happened since the opening of the world after the lockdown due to the Covid-19 pandemic.
As a result of the limited supply of natural gas, several power producer companies have started to declare that they will leave the electricity business in Singapore.
(hps / hps)
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