Singapore energy transition

What is the Singapore Energy Transition (set)?

The Singapore Energy Transition (SET) was launched in 2021 as a blueprint laying out the broad plans for the power sector to decarbonise and help Singapore achieve its climate commitments.

How will Singapore's Energy Transition affect the future?

We lack natural resources and are renewable energy-disadvantaged. The energy transition will require a clear-minded weighing of the trade-ofs across energy security, energy afordability, and environmental sustainability. EMA had commissioned the Energy 2050 Committee to deliberate on the long-term future of Singapore's energy sector.

How is Singapore preparing for the energy transition?

These strategies, along with managing growing energy demand, form our approach to the energy transition. Solar energy is Singapore's most promising renewable energy source. In the last five years, our installed solar capacity has more than tripled – from under 0.4 GWp in 2019 to over 1.5 GWp in 2024.

How can Singapore businesses benefit from a green energy transition?

Singapore businesses can ride on this momentum and develop green solutions that meet the needs of this global energy transition. Singaporeans can also look forward to new and exciting job opportunities in this burgeoning green power economy. This report represents the collective view of the Committee.