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Power Generation In Singapore. Presented By. CHAN Y K Commercial Specialist Commercial Service, Singapore. Background & Overview. Electricity generation capacity – 11.5 GW Growth in electricity demand – 4.2% (consumption) Fuel mix – gas (70%), oil (30%) for installed capacity
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Power GenerationIn Singapore Presented By CHAN Y K Commercial SpecialistCommercial Service, Singapore
Background & Overview • Electricity generation capacity – 11.5 GW • Growth in electricity demand – 4.2% (consumption) • Fuel mix – gas (70%), oil (30%) for installed capacity • Total imports around US$2.23 billion • U.S. market share is around 20%
Singapore at a Glance • Total land area:260 sq. miles (680 sq. km) • Population:4.48 million • Open, English-speaking market – corruption free, stable, well-run • 9th largest U.S. export market - $24.7 billion in 2006, $30,00 pc GDP • SE Asia regional hub:- 1500 U.S. companies - High-tech manufacturing, R&D - Transportation and distribution center
Singapore Power Landscape • The Energy Market Authority (EMA)- regulates the electricity and gas industry and district cooling services - promotes competition in the electricity and piped gas industry - maintains the security and reliability of the power system • Energy Market Company Pte. Ltd. (EMC)- all electricity is bought and sold through EMC - the exchange for electricity, providing the IT systems, the trading environment and the governance for the market • 3. Use of Natural Gas- 70% of Singapore’s electricity demand is generated from natural gas - three main import pipelines serve the natural gas system: * 150 million standard cubic feet per day from Malaysia * 325 million standard cubic feet per day from Northeast Indonesia * 350 million standard cubic feet per day from Southwest Indonesia
Generating Companies In Singapore • Senoko Power Ltd. • PowerSeraya Ltd. • Tuas Power Ltd. • SembCorp Cogen Pte. Ltd. • Island Power Company Pte. Ltd. • Keppel Merlimau Cogen Pte. Ltd. • National Environment Agency • Keppel Seghers
Retailers In Singapore • Keppel Electric Pte. Ltd. • SembCorp Power Pte. Ltd. • Tuas Power Supply Pte. Ltd. • Senoko Energy Supply Pte. Ltd. • Seraya Energy Pte. Ltd. • Island Power Supply Pte. Ltd.
Transmission In Singapore • SP Power Assets Ltd. • SP PowerGrid Ltd. • (Both companies handle distribution as well)
Singapore Electricity Regulation • Electricity Act 2001 • Gas Act 2001 • District Cooling Act 2001
Regional Trends • The Southeast Asian (ASEAN) governments are collectively attracting private sector participation and investment within the energy sector • 11 potential power interconnection projects will be implemented over the next 10-12 years • ASEAN nations have established an Asean Power Grid (APG) to provide a common framework for power exchange among interconnecting countries
Best Prospects • Singapore plans to build a liquefied natural gas (LNG) import terminal • Scheduled to operate in 2012 • Government of Singapore might co-invests • Estimated cost to build – US$500 million • To produce 3 million tons per annum • Technical specifications will be released in 2007 • Apart from various power systems such as micro power systems or generator sets and power quality equipment, other best prospects are: • Energy service companies to conduct energy audits and improve energy efficiency • Boilers, heat exchangers, turbines and related auxiliary equipment • Transformers, switchgear and cables required for transmission and distribution • Power enhancers such as surge suppressors, voltage regulators and isolation transformers • Power synthesizers including motor generators and uninterruptible power supply
Market Entry / Access • Appoint an agent / representative using Gold Key Service • Participate in trade shows such as PowerGen Asia • Use Singapore as a gateway to the Asean region • Indonesia: Growth in electricity demand – 8% Malaysia: Growth in electricity demand – 6% • U.S. market share – 15% U.S. market share – 20% • Philippines: Growth in electricity demand – 9% Thailand: Growth in electricity demand – 5% • U.S. market share – 15% U.S. market share – 10% • Vietnam – not yet a strong market for electric power systems
Questions? Please contact: CHAN Y KCommercial SpecialistU.S. Commercial ServiceEmail: Yiukei.Chan@mail.doc.govURL: http://www.buyusa.gov/singapore