31 Oct '11, 2am

S'pore considering importing electricity

S'pore considering importing electricity

SINGAPORE: Singapore is seriously considering the option of importing electricity as an alternative source of energy supply. By the end of this year, the Energy Market Authority will commence a public consultation exercise on the regulatory framework to govern such imports to Singapore. Announcing this at the Singapore International Energy Week, Second Minister for Trade and Industry, Mr S Iswaran said that Singapore is a small country in a volatile energy environment. He said it faces the challenge of securing reliable and competitively-priced energy supplies to sustain growth. On innovative energy solutions, Mr Iswaran also announced that two more companies will be joining the electric vehicle test-bed programme, launched in June this year. The test-bed aims to assess the costs, benefits and feasibility of the adoption of electric vehicles in Singapore; and to examine th...

Full article: http://www.channelnewsasia.com/stories/singaporelocalnews...

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