Page 16 - SENV 2122 eBook
P. 16

                 SINGAPORE ENVIRONMENTAL INDUSTRY DIRECTORY 2021/2022
 Improving
energy efficiency
Given the country’s limited access to clean energy, the other key strategy in Singapore’s journey to sustainability is the smart and efficient use of energy. Since the Energy Conservation Act (ECA) came into effect in 2013, companies regulated under the Act achieved an average annual energy efficiency improvement rate of 1 percent from 2014 to 2018. What this translates to in carbon abatement terms, is the reduction of 250 kilo-tonnes of carbon dioxide emissions per year — similar to removing 70,000 cars from the road.
Continued support is being given towards energy efficiency efforts, through grants such as EDB’s Resource Efficiency Grant for Energy,
and the Energy Efficiency Fund by National Environment Agency (NEA). To date, over $100 million have been committed to help local manufacturers in their energy efficiency projects.
Circular economy
In its pursuit to improve energy efficiency, Singapore is looking at a circular economy approach. There is no other endeavour that shines the way for a circular approach to resource management than the Tuas Nexus facility.
On 8 September 2020, NEA and PUB announced the commencement of the first phase of construction of the landmark Tuas Nexus facility, which integrates the Tuas Water Reclamation Plant (WRP) with an Integrated Waste Management Facility (IWMF). When operational in 2025, Tuas Nexus will be known as the first integrated water reclamation and solid waste treatment facility, and the first in
Growing zero-carbon
businesses
To help businesses drive sustainability agenda, a partnership between ENGIE Factory and EDB New Ventures was born in 2019, to build a portfolio of new, zero-carbon startups in the next three years. These new ventures will accelerate the zero-carbon transition, boost employment in a critical and growing segment and establish Singapore as a hub for sustainability innovation in the region.
Since its launch in early 2019, ENGIE Factory has initiated seven new cleantech ventures and tested 10 technology solutions from existing startups.
Carbon capture, utilisation and sequestration system
Efforts have also been pumped into studying emerging technologies such as hydrogen and carbon capture, utilisation and storage, and exploring the potential of tapping on regional power grids to access sustainable energy resources. On 2 July 2020, an agreement was inked between Keppel Data Centres, Chevron, Pan-United and Surbana Jurong to jointly develop “mature carbon capture technologies, coupled with novel technologies that utilise cryogens, membranes and hydrogen. Called carbon capture, utilisation and sequestration (CCUS), the system essentially works by extracting planet-warming carbon dioxide out of the air so they can be stored underground or used to create other products, such as concrete or fuel, and offering potential in growing new industries. CCUS technologies are expected to help Singapore achieve its climate goal of halving emissions from its 2030 peak by 2050 and achieving net zero emissions before the turn of the next century.
 This is a prime period for
companies and policymakers to
leverage opportunities in harnessing
clean energy and improving energy efficiency, as we push for a green recovery post-COVID-19. Fighting climate change
and making the transition towards a greener economy will require a concerted whole-of- nation effort by industries, individuals and the Government. Together, we can game change climate change.
the world! By co-digesting food waste and water sludge, and combusting the biogas produced, not only will the electricity generated sustain the operations of the facility, there will be excess energy to power up to 300,000 four- room HDB flats. The harnessed synergies from Tuas WRP and IWMF is expected to result in carbon savings of more than 200,000 tonnes of carbon
of a Zero Waste Nation.
 Ms Grace Fu,
Minister for Sustainability and the Environment at the Opening Ceremony of the Asia Clean Energy Summit 2020
annually, to taking 42,500 cars off Singapore’s roads, and bringing Singapore one step closer to realising the vision
dioxide equivalent
 12








































































   14   15   16   17   18