Home / Environment / Singapore Surges Solar Power Goals
Singapore Surges Solar Power Goals
12 Feb
Summary
- Singapore increased its 2030 solar capacity target by 50%.
- Nation aims for net zero emissions by 2050.
- Exploring hydrogen, geothermal, and nuclear power options.
Singapore has elevated its 2030 solar installation objective by 50%, having achieved its prior target ahead of schedule. Prime Minister Lawrence Wong announced the new goal of 3 gigawatts of solar capacity by the end of the decade, emphasizing the nation's commitment to maximizing solar deployment on all viable surfaces.
The city-state, which currently relies on imported natural gas for almost all its electricity, with solar contributing about 2% in 2024, is actively pursuing ambitious environmental goals. It aims to achieve net zero emissions by 2050.
To further diversify its energy sources, Singapore is investigating options such as hydrogen, geothermal energy, and even civilian nuclear power. The nation is developing capabilities to assess the safety and viability of atomic energy and has established collaborations with the US and France.
Furthermore, Singapore may adopt a carbon tax rate at the lower end of its projected S$50 to S$80 per ton of CO2 equivalent range by 2030 to maintain competitiveness.
