INDUSTRY MAJORS TO DEVELOP SINGAPORE’S DECARBONISATION PROCESS
Industry leaders, Keppel Data Centres, Chevron, Pan-United and Surbana Jurong, with the support of the National Research Foundation, signed a Memorandum of Understanding (MOU) today, committing to harness their combined resources and jointly develop the first end-to-end decarbonisation process in Singapore. This collaboration is aimed at accelerating the development of a highly integrated clean and energy efficient Carbon Capture, Utilisation & Sequestration (CCUS) system that can lead to a low-carbon economy and potential commercial developments for Singapore. Carbon emissions make up 97% of Singapore’s total greenhouse gas emissions. Under the Paris Agreement, Singapore has pledged to, by 2030, reduce its emissions intensity by 36% from 2005 levels, and to stabilise its emissions and peak around 2030. The Singapore Government has announced its long-term strategy to halve emissions from its 2030 peak and achieve net-zero emissions as soon as viable. To this end, the partnership will develop CCUS technologies that are readily applicable, with high technical readiness and cost efficiency to implement in Singapore’s key industries such as energy, chemicals and construction. Under the MOU, Keppel Data Centres, Chevron, Pan-United and Surbana Jurong will jointly explore, identify and develop mature carbon capture technologies, coupled with novel technologies that utilise cryogens, membranes and hydrogen. The four companies will also leverage the combined resources, knowledge and capabilities with other research partners, Institutes of Higher Learning and international partners to advance the development of the CCUS technologies. When commercially viable, the CCUS technologies are expected to help reduce carbon intensity across the industry sectors and help Singapore halve emissions from its peak to 33MtCO2e by 2050, with a view to achieving net zero emissions as soon as viable in the second half of the century.
(Source: National Research Foundation of Singapore – Image: Singapore Marina Bay/ReneP/energy global news)
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