Singapore’s natural gas industry is key
Natural gas is considered to be the cleanest fossil fuel. When burned, it emits about 50 percent less CO2 than coal and about 20 to 30 percent less than oil. Most of Singapore’s gas is imported via pipelines from neighboring countries such as Indonesia and Malaysia. This gas is known as Piped Natural Gas. However, in recent years, Liquid Natural Gas (LNG) has started to become an option for electricity generation. In 2013, Singapore launched its first LNG terminal to distribute the gas in and outside of the country.
Rise of the solar energy generation
In order to not only be dependent on gas, the government started to invest in alternative means of energy generation. Due to the many hours of sunshine in the country, solar power generation has the best chance of asserting itself as a main power supply alongside gas. In 2021, the solar energy capacity reached an output of about 433 megawatts and is expected to grow further in the coming years.