On June 4, 2024, the Energy Market Authority (EMA) of Singapore announced the launch of its second request for proposal (RFP) aimed at bolstering electricity generation capacity to meet the country’s growing demand and ensure reliable power system security.

The EMA is inviting private sector companies to construct, own, and operate two new hydrogen-ready combined cycle gas turbine units, each projected to have a generation capacity of at least 600 megawatts (MW). These units are anticipated to be operational by 2029 and 2030, respectively.

Ngiam Shih Chun, the CEO of EMA, emphasized the importance of ensuring adequate generation capacity as Singapore’s electricity demand continues to rise. The EMA forecasts a 3.7% growth in the peak demand for electricity over the next six years, with projections indicating that by 2030, the peak demand could reach between 10.1 and 11.8 gigawatts.

The EMA’s strategy involves a centralized approach to developing new generation capacity, which aims to guide companies in adopting hydrogen-ready and lower-carbon intensity solutions. This initiative is part of a broader effort to create a greener and more resilient power system.

Additionally, the EMA undertakes a rolling 10-year demand forecast to identify the need for new generation capacity. The private sector is invited to contribute to building and owning this capacity when projections indicate a potential shortfall. This follows last year’s RFP for a combined-cycle gas turbine plant with a minimum capacity of 600 MW, expected to be operational by the end of 2027.