SINGAPORE: Singapore is more than halfway to its solar power deployment target of at least 2,000 megawatt-peak by 2030, said Minister for Sustainability and the Environment Grace Fu on Wednesday (Jan 10).
During the UN Climate Change Conference 2023 (COP28), Singapore co-facilitated negotiations on mitigation and the first global stocktake that contributed to the successful adoption of the UAE Consensus, which calls on countries to transition away from fossil fuels, said Ms Fu.
"Singapore supports the UAE Consensus. As part of our long-term low-emissions development strategy, Singapore has committed to achieving net zero emissions by 2050, despite being a small, alternative energy disadvantaged city-state with many natural limitations on our climate action measures," said the minister.
Solar energy is one of the four "switches" that Singapore is deploying to achieve its net-zero target by 2050. The other three are natural gas, regional power grids and low-carbon alternatives.
According to EMA''s Singapore Energy Statistics 2023 report, the private sector has been the driving force behind the growth in solar deployment, accounting for 63.5 per cent of the total installed capacity.
MP Liang Eng Hwa (PAP-Bukit Panjang) asked if Ms Fu was satisfied with the overall outcome of COP28 and if Singapore''s position on nuclear energy has changed following other countries'' call to triple the world''s nuclear energy capacity by 2050.
With the global stocktake, there was a "louder" and "more concerted call" to accelerate action in this decade due to climate projections that indicate the world needs to do more in the near term, said Ms Fu.
It is no longer about setting net-zero targets but charting a pathway to limit global temperature increase to 1.5 degrees Celsius, said Ms Fu, adding that there were "very specific recommendations and agreements".
On nuclear energy, the government has not changed its position. It has yet to make a decision on adopting nuclear energy as a potential source of renewable energy, but is instead keeping tabs on how the technology develops.
"We think the advanced nuclear technology offers us some potential. In terms of safety, there''s better safety in these technologies and also in terms of cost competitiveness, these are very important decision metrics that feed into our energy decision," said the minister.
"So we have not made a decision on adopting nuclear energy, but we are building capabilities to understand how this technology is advancing and also how these technologies can potentially be of help to Singapore."
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