Survey
* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
The Changing Energy Landscape Economic Competitiveness Environment / Climate Change Energy Security New Opportunities Re-Emergence of Energy Security Political risk Increasing cost of production Energy Investments Narrowing of supplydemand gap Strong demand Energy Security in Singapore Singapore’s Crude Oil Imports (2006) Qatar 13.5% Other Middle East 7.1% Vietnam 4.4% Australia 4.5% Malaysia 3.7% UAE 10.5% Kuwait 18.0% Singapore’s Electricity Fuel Mix (1H2007) Natural Gas 75.8% Refuse 2.3% Others 5.4% Diesel 0.3% Fuel Oil 21.6% Saudi Arabia 32.8% Source: EMA Source: IE Singapore No Silver Bullet Strong growth in renewable energy, but contributions still small Global Primary Energy Supply 18000 MTOE 20042030 CAGR 16000 6.6% Other renewables Nuclear 14000 1.3% Fossil fuels will still contribute around 80% of global energy supply Biomass and waste 12000 Hydro 2.0% Nuclear 0.7% Gas 2.0% Oil 1.3% Coal 1.8% 4000 2000 Source: International Energy Agency 2030 0 2015 Carbon sinks 6000 2004 Clean use of fossil fuels 8000 1990 Improve efficiency 10000 Establishment of Energy Policy Group Energy Policy Group Economic Competitiveness (MTI) Energy Security (MFA) Environment / Climate Change (MEWR) Industry Development (EDB) Economic Competitiveness Environmental Sustainability Energy Security STRONG AND SUSTAINED ECONOMIC GROWTH Exploit Convergence Manage Trade-Offs National Energy Policy Framework: Energy for Growth Energy Policy Group: Six Key Strategies 1. Promote Competitive Markets 2. Diversify Energy Supplies 3. Improve Energy Efficiency 4. Develop Energy Industry and Invest in Energy R&D 5. Step up International Cooperation 6. Develop Whole-of-Government Approach Strategy 1: Promote Competitive Markets Competitive markets to help keep energy affordable Electricity Vending System to enable full retail contestability Encourage the market to innovate Correct for market failures Vibrant and competitive electricity and gas markets Electricity Vending System Strategy 2: Diversify Energy Supplies Energy diversification to protect against supply disruptions and price increases Avoid becoming overly dependent on any energy supplier In competitive markets, companies have incentives to diversify Government’s role is to create an open and flexible framework that allows diversification But specific policies may still be necessary at times when market does not provide for sufficient diversity Import of LNG by 2012 Facilitating Introduction of New Energy Technologies Research and development A*STAR’s Energy Technology R&D Programme SINERGY Centre National Research Foundation $170m Test-bedding and demonstration $17 m Clean Energy R&D and Testbedding Programme (CERT) $5 m Market Development Fund Reducing costs and facilitating grid connection Reduce cost of plugging into grid and participating in the electricity market Publication of “Handbook for Photovoltaic Systems” Keep Our Energy Options Open Coal • Cost competitive • Pollution controls • CO2 emissions • Ash disposal Solar • Clean, plenty of sun in S’pore • But high cost and intermittent supply are key constraints Biomass & waste-to-energy • Cost competitive and clean • Limited potential Hydroelectric, geothermal & wind • Cost competitive and clean • But not available or viable in Singapore Nuclear power • Stringent site requirements • Need for long term solution for disposal of nuclear waste Strategy 3: Improve Energy Efficiency Using energy more efficiently can reduce our dependence on imports and enhance our security Also reduces carbon intensity, air pollution and business costs Establishment of Energy Efficiency Programme Office, led by NEA Development of comprehensive national energy efficiency plan Sectoral approach – power generation, industry, transport, buildings and household sectors Tri-generation System Smart Meters Intelligent Lighting Strategy 4: Build Energy Industry and Invest in Energy R&D DRIVERS MARKETS Energy Solutions Transport SECURITY CLIMATE CHANGE Trade (fuels, carbon) Energy Services Grid Management Test & Integration URBANISATION ECON GROWTH Power Deliver Integrate Fossil Energy Gas Biomass Oil Coal Industry Non Fossil Energy Fuel Cells Wind Solar Others Strong technology foundation Building Widen our Lead in Oil and Develop New Verticals Oil Gas Solar H2 /Fuel Cells Biomass New R&D Programmes NRF’s Clean Energy Programme EDB’s Clean Energy Research & Test-bedding Programme A*STAR’s Energy Technology R&D Programme Efficient Building Systems Utility Communications Internet Consumer Portal & Building EMS A*STAR’s SINERGY Centre Dynamic Systems Control Distribution Operations Advanced Metering Renewables PV Control Interface Plug-In Hybrids Data Management Distributed Generation & Storage Smart End-Use Devices Strategy 5: Step up International Cooperation Promote regional and international energy cooperation to further our energy interests Promote security of vital energy sea lanes in the region Promote Singapore as a centre of energy research and excellence Strategy 6: Develop Whole-of-Government Approach to Energy Policy Energy Policy Group MTI Energy Division Economic Competitiveness (MTI) Energy Security (MFA) Environment / Climate Change (MEWR) Industry Development (EDB) Energy Efficiency Programme Office Clean Energy Programme Office Thank You