Business · Energy & Commodities · 51 mins ago
Singapore plans major energy build-up and raises solar target
Singapore has announced a five-year plan to expand energy infrastructure, including power plants, the electricity grid, storage and low-carbon imports.
The Energy Market Authority says peak electricity demand was 8.6 gigawatts in August and could rise to between 9.9 and 13 gigawatts by 2031.
The increase is expected to come from energy-intensive industries such as semiconductor manufacturing and data centres, as well as greater use of electric transport.
Singapore has reached 2.3 gigawatts of solar capacity and is on track for its existing 3-gigawatt target by 2030.
It now aims for 4 gigawatts of solar capacity by 2035, although solar is expected to meet no more than 10 per cent of electricity demand in 2050.
The plan also includes up to S$5.3 billion for grid expansion from 2025 to 2029, while officials say Singapore is strengthening its options to manage supply disruptions, including a recent cut in gas supplies from Indonesia.
Singapore announced a five-year energy infrastructure plan to meet rising electricity demand.
The plan includes more power plants, grid expansion, increased solar capacity, energy storage and low-carbon electricity imports.
Singapore will work towards a solar deployment target of 4 GWp by 2035, up from its existing target of 3 GWp by 2030.
Peak electricity demand was 8.6 GW as of August and could reach 9.9 GW to 13 GW by 2031, according to the Energy Market Authority.
Minister Tan See Leng said Indonesia had begun reducing gas supplies to Singapore, by less than 2 per cent of the country’s total daily gas demand.
- Who
- Singapore’s government and the Energy Market Authority announced the plan.
- What
- Singapore will pursue a five-year energy infrastructure plan and raise its solar target to 4 GWp by 2035.
- When
- Announced on Monday, Oct 26, 2026.
- Where
- Singapore.
- Why
- To meet growing electricity demand and strengthen energy security.
This story does not have two clearly opposing sides.
Indonesia began cutting gas supplies to Singapore, with the reduction amounting to less than 2 per cent of its total daily gas demand.
Singapore announced its five-year energy infrastructure plan and its expanded solar deployment target.
- Current peak electricity demand
- 8.6 GW as of August
- Projected peak demand
- 9.9 GW to 13 GW by 2031
- Current solar capacity
- 2.3 GWp
- Existing solar target
- 3 GWp by 2030
- Expanded solar target
- 4 GWp by 2035
3 sources
What people are saying
most significant build-up of our energy infrastructure in decades
we can keep calm and carry on
This increase will mainly be due to new demand from energy-intensive sectors such as semiconductor manufacturing and data centres, as well as wider use of electric transport