Paris compatible pathways require Singapore to accelerate renewable energy uptake from 2% of the current power mix to 8-13% in 2030 and 95-97% in 2050.
Singapore is highly reliant on imported natural gas (96% of the power mix), which would need to be phased out in the 2040s in order to be consistent with 1.5°C compatible pathways. Such a high reliance on natural gas imports poses risks to energy security, creates cost uncertainty, and stranded asset risks as global trends transition towards a low carbon economy. Urban solar, green hydrogen and renewable energy imports through regional interconnections offers Singapore an opportunity to decarbonise.
Singapore has a power emissions intensity of 400 gCO2/kWh which would need to be reduced to zero by 2040, in order to be 1.5°C compatible. Some pathways show a carbon intensity of -130 gCO2/kWh by 2050 is possible when renewable energy, negative emissions technology and energy efficiency measures are deployed.
Key power sector benchmarks
Renewables shares and year of zero emissions power Including the use of BECCS
- 2030 7 to 13% Renewable share
- 2040-2042 Zero emissions power
- 2050 95 to 97% Renewable share