Singapore launches five-year plan to meet electricity demand
Singapore (ANTARA) — Singapore has launched a five-year plan to meet rising electricity demand. The plan covers power plants, natural gas infrastructure, expansion of the electricity grid, solar development, energy storage and low-carbon electricity imports to strengthen the country’s energy security and power-system resilience, the Energy Market Authority (EMA) said.
The EMA said five new natural gas-fired power plants are expected to begin operating between 2026 and 2031, expanding generation capacity by about 26 per cent from the current level of around 12 gigawatts (GW). It is also assessing proposals for an additional gas-fired power plant, which would operate from 2032.
Natural gas currently accounts for about 95 per cent of Singapore’s electricity generation. The country plans to increase its liquefied natural gas (LNG) regasification capacity from 10 million tonnes per annum (Mtpa) to 15 Mtpa when its second LNG terminal, at Jurong Port, opens in 2030.
Investment in the electricity grid will support the construction of seven new transmission substations by 2031 and extend the transmission cable network from about 7,700 kilometres to 9,100 kilometres by 2030. Singapore is also considering plans to more than triple its existing 50-kilometre cable tunnel network to accommodate long-term demand growth.
Singapore also aims to increase solar capacity from 2.3 gigawatt-peak (GWp) currently to 3 GWp by 2030 and 4 GWp by 2035. Energy storage capacity is targeted to rise from about 350 megawatt-hours to slightly more than 1 gigawatt-hour by 2030.
In addition, Singapore is studying a second electricity interconnector with Peninsular Malaysia, which could provide capacity of up to 2 GW by 2030, complementing the existing 1 GW link.
According to the statement, Singapore’s peak electricity demand stood at 8.6 GW in August 2026 and could rise to between 9.9 GW and 13 GW by 2031. Growth is expected to be driven mainly by energy-intensive industries such as semiconductor manufacturing and data centres, as well as the expanding electrification of transport.