The Energy Market Authority (EMA) and Keppel Offshore & Marine (Keppel O&M) have forged a $10 million partnership and signed a Memorandum of Understanding (MOU) to develop energy solutions in the areas of distributed energy resources, digitalisation and emerging low carbon alternatives.
EMA and Keppel O&M are launching a grant call for solutions relating to energy storage systems and smart power grids for the offshore and marine environment.
These solutions should seek to reduce energy usage and carbon footprint while enhancing overall operational efficiency.
The grant call also serves to encourage innovation and capability building for the wider industry ecosystem in Singapore. The insights derived from the grant call could be translated to potential solutions to enhance the grid.
Shortlisted participants will have the opportunity to testbed their solutions through Keppel O&M’s Floating Living Lab (FLL), the first-of-its-kind offshore floating testbed in Singapore.
Expected to be operational by end 2021, Keppel O&M’s FLL will provide a platform for the industry and the research community to testbed and commercialise promising power and technology solutions for the marine sector.
The FLL will have LNG bunkering facilities for harbour crafts and small vessels. It will also house an embedded power generation system to power Keppel O&M’s operations, with excess electricity to be exported to the national grid.
Ngiam Shih Chun, Chief Executive of EMA, stated:
We are seeking solutions that incorporate the use of cleaner energy, optimise energy consumption and reduce carbon emissions. By doing so, we are building Singapore’s Energy Story by co-creating solutions for a more sustainable energy future with stakeholders
Moreover, Chris Ong, Chief Executive Officer of Keppel O&M, said that the Floating Living Lab will help to reduce our carbon footprint by leveraging and test bedding clean floating energy solutions.