Indonesia and Singapore agreed to buy and sell electricity. Singapore will import low carbon electricity from Indonesia. This was marked by the signing of a memorandum of understanding between the Minister of Energy and Mineral Resources Arifin Tasrif and Deputy Minister of Trade and Singapore Industry Tan See Leng. Tan See Leng said, Singapore’s energy authority had approved a low carbon electricity import as much as 2 gigawatts (GW) from Indonesia to Singapore.
“I am happy to announce that EMA (Energy Market Authority Singapore) has given conditional approval for imports of 2 low-carbon electricity gigawatts from Indonesia to Singapore,” said Tan See Leng in the Indonesia Sustainability Forum (ISF) 2023 at Park Hyatt Hotel, Jakarta Central , Friday (8/9/2023).
There are five companies from Indonesia that submitted proposals to provide low carbon electricity to Singapore. Tan See Leng explained collectively, these companies will install 11 GW solar panel capacities and 21 my battery energy storage in Indonesia.
“These projects will become the largest solar and battery power plants in Indonesia and will serve the energy needs of Indonesia and Singapore,” said Tan See Leng.
On the other hand, Secretary General of the Ministry of Energy and Mineral Resources Dadan Kusdiana explained that after the signing of a memorandum of understanding, each party would provide certainty. From Singapore will convey the needs to the requested electricity quality.
“Singapore will convey to us. So, this is G to G, Singapore will convey to Indonesia that Singapore needs electricity, what capacity per year, what kind of electricity, what quality will be,” Dadan said in his office, Central Jakarta.
The Pacific Medco Solar Energy consortium is one of those who will participate. This consortium consists of PT Medco Power Indonesia, Pacific Light Energy Singapore, and Gallant Venture Singapore. Then, there are two other companies that participated in exporting electricity to Singapore, namely PT Adaro Energy Indonesia Tbk also PT Energi Baru TBS. Meanwhile on the Singapore side there are five companies that will participate in this electricity import plan, ranging from the Seraphim Solar System, Longi Solar Technology, IDN Solar Tech, Sungrow Power Supply, and Huawei Tech Investment.
Returning to Tan See Leng, he also explained that up to 2035 his country would import 4 my electricity low carbon. Of these, 50% of their needs were met from Indonesia. According to him, this is proof of close partnership between the two major countries in Southeast Asia.
September 9, 2023, detikFinance
(https://finance.detik.com/energi/d-6921629/deal-singapura-bakal-beli-listrik-2-gw-dari-ri)