Presentation Transcript
Power GenerationIn Singapore: Power Generation In Singapore Presented By CHAN Y K Commercial Specialist Commercial Service, Singapore
Background & Overview: Background & Overview Electricity generation capacity – 11.5 GW
Growth in electricity demand – 4.2% (consumption)
Fuel mix – gas (70%), oil (30%) for installed capacity
Total imports around US$2.23 billion
U.S. market share is around 20%
Singapore at a Glance: Singapore at a Glance Total land area: 260 sq. miles (680 sq. km)
Population: 4.48 million
Open, English-speaking market – corruption free, stable, well-run
9th largest U.S. export market - $24.7 billion in 2006, $30,00 pc GDP
SE Asia regional hub: - 1500 U.S. companies - High-tech manufacturing, R&D - Transportation and distribution center
Singapore Power Landscape: Singapore Power Landscape The Energy Market Authority (EMA) - regulates the electricity and gas industry and district cooling services - promotes competition in the electricity and piped gas industry - maintains the security and reliability of the power system
Energy Market Company Pte. Ltd. (EMC) - all electricity is bought and sold through EMC - the exchange for electricity, providing the IT systems, the trading environment and the governance for the market
3. Use of Natural Gas - 70% of Singapore’s electricity demand is generated from natural gas - three main import pipelines serve the natural gas system: * 150 million standard cubic feet per day from Malaysia * 325 million standard cubic feet per day from Northeast Indonesia * 350 million standard cubic feet per day from Southwest Indonesia
Generating Companies In Singapore: Generating Companies In Singapore Senoko Power Ltd.
PowerSeraya Ltd.
Tuas Power Ltd.
SembCorp Cogen Pte. Ltd.
Island Power Company Pte. Ltd.
Keppel Merlimau Cogen Pte. Ltd.
National Environment Agency
Keppel Seghers
Retailers In Singapore: Retailers In Singapore Keppel Electric Pte. Ltd.
SembCorp Power Pte. Ltd.
Tuas Power Supply Pte. Ltd.
Senoko Energy Supply Pte. Ltd.
Seraya Energy Pte. Ltd.
Island Power Supply Pte. Ltd.
Transmission In Singapore: Transmission In Singapore SP Power Assets Ltd.
SP PowerGrid Ltd.
(Both companies handle distribution as well)
Singapore Electricity Regulation: Singapore Electricity Regulation Electricity Act 2001
Gas Act 2001
District Cooling Act 2001
Regional Trends : Regional Trends The Southeast Asian (ASEAN) governments are collectively attracting private sector participation and investment within the energy sector
11 potential power interconnection projects will be implemented over the next 10-12 years
ASEAN nations have established an Asean Power Grid (APG) to provide a common framework for power exchange among interconnecting countries
Best Prospects: Best Prospects Singapore plans to build a liquefied natural gas (LNG) import terminal
Scheduled to operate in 2012
Government of Singapore might co-invests
Estimated cost to build – US$500 million
To produce 3 million tons per annum
Technical specifications will be released in 2007
Apart from various power systems such as micro power systems or generator sets and power quality equipment, other best prospects are:
Energy service companies to conduct energy audits and improve energy efficiency
Boilers, heat exchangers, turbines and related auxiliary equipment
Transformers, switchgear and cables required for transmission and distribution
Power enhancers such as surge suppressors, voltage regulators and isolation transformers
Power synthesizers including motor generators and uninterruptible power supply
Market Entry / Access: Market Entry / Access Appoint an agent / representative using Gold Key Service
Participate in trade shows such as PowerGen Asia
Use Singapore as a gateway to the Asean region
Indonesia: Growth in electricity demand – 8% Malaysia: Growth in electricity demand – 6%
U.S. market share – 15% U.S. market share – 20%
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Philippines: Growth in electricity demand – 9% Thailand: Growth in electricity demand – 5%
U.S. market share – 15% U.S. market share – 10%
Vietnam – not yet a strong market for electric power systems
Questions?: Questions? Please contact:
CHAN Y K Commercial Specialist U.S. Commercial Service Email: Yiukei.Chan@mail.doc.gov URL: http://www.buyusa.gov/singapore