SINGAPORE, Oct. 26 (Xinhua) -- Singapore will embark on a five-year Energy Infrastructure Plan to meet rising electricity demand, with investments of up to 5.3 billion Singapore dollars (about 4.15 billion U.S. dollars) in expanding its power grid between 2025 and 2029, the Energy Market Authority (EMA) said on Monday.
The plan covers power generation, natural gas infrastructure, grid expansion, solar deployment, energy storage and low-carbon electricity imports to strengthen the country's energy security and power system resilience, EMA said in a statement.
EMA said five new natural gas-fired power plants are expected to begin operations between 2026 and 2031, expanding generation capacity by about 26 percent from the current level of around 12 gigawatts (GW). EMA is also evaluating proposals for additional gas-fired plants to be operational by 2032.
Natural gas currently accounts for about 95 percent 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 by 2030.
Meanwhile, grid investment will support the construction of seven new transmission substations by 2031 and expand the transmission cable network from about 7,700 km to 9,100 km by 2030. Singapore is also studying plans to more than triple its 50 km network of cable tunnels to accommodate longer-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 just over 1 gigawatt-hour by 2030.
Singapore is also studying a second electricity interconnector with Peninsular Malaysia, which could provide up to 2 GW of capacity 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, driven mainly by energy-intensive industries such as semiconductor manufacturing and data centers, as well as greater electrification of transport. ■
