Committee of Supply 2024 debate, Day 3: Edward Chia on addressing Singapore's energy constraints
What are the Ministry of Trade and Industry’s (MTI) plans to modernise Singapore’s energy grid to efficiently integrate diverse sources of energy and improve overall efficiency? How would the modernisation of the energy grid be financed and what are the cost implications to consumers and businesses? What is MTI’s projection of future energy needs to support the growth of the digital economy, especially in the domain of artificial intelligence? These questions were raised by MP Edward Chia in Parliament on Friday (Mar 1). He also said that Singapore faces heightened electricity usage for cooling purposes and wanted to know what measures are being taken to optimise cooling in Singapore. Highlighting the S$5 billion Future Energy Fund, he stated that it is a positive step towards clean energy but noted that it might not suffice for a clean energy transition.
What are the Ministry of Trade and Industry’s (MTI) plans to modernise Singapore’s energy grid to efficiently integrate diverse sources of energy and improve overall efficiency? How would the modernisation of the energy grid be financed and what are the cost implications to consumers and businesses? What is MTI’s projection of future energy needs to support the growth of the digital economy, especially in the domain of artificial intelligence? These questions were raised by MP Edward Chia in Parliament on Friday (Mar 1). He also said that Singapore faces heightened electricity usage for cooling purposes and wanted to know what measures are being taken to optimise cooling in Singapore. Highlighting the S$5 billion Future Energy Fund, he stated that it is a positive step towards clean energy but noted that it might not suffice for a clean energy transition.
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