The conditional approval means the project by SCU has been preliminarily assessed to be technically and commercially viable. The approval facilitates the process of obtaining necessary regulatory nods and licences for the project.
Based on SCU’s proposal, the imported electricity will harness offshore wind power and potentially other forms of generation, to be developed with Petrovietnam Technical Services Corporation (PTSC).
The low-carbon electricity is planned to be transmitted from Vietnam to Singapore via new subsea cables that will span a distance of around 1,000 kilometres.
The EMA said that it will also continue to explore low-carbon alternatives such as geothermal, hydrogen, and technologies such as carbon capture and storage to ensure that the power system remains secure, reliable, and sustainable.
In 2021, Singapore unveiled its plans to import up to 4 GW of low-carbon electricity by 2035.
To date, EMA has granted conditional approvals to projects from various sources, comprising 2 GW from Indonesia, 1 GW from Cambodia, and 1.2 GW from Vietnam.
