Search
Close this search box.

We are creating some awesome events for you. Kindly bear with us.

RIE2020 Plan – Singapore government embarking on efforts to build next-generation intelligent Grid 2.0

RIE2020 Plan - Singapore government embarking on efforts to build next-generation intelligent Grid 2.0

At the 10th Research, Innovation and Enterprise Council (RIEC[1]) Meeting, chaired by Prime Minister (PM) Lee Hsien Loong, the progress made on the RIE2020 Plan on Friday was reviewed. RIE2020 was launched last year, with the government planning to invest SG$19 billion over 5 years.

Announcements were made regarding the future in the four technology domains of the Plan- Advanced Manufacturing & Engineering (AME), Health & Biomedical Sciences (HBMS), Services & Digital Economy (SDE) and Urban Solutions & Sustainability (USS). Cutting-edge technologies will be explored, leveraging the capabilities built by earlier RIE investments.

Read our reports on plans in the AME and SDE sectors here and in the HBMS sector here.  

In the USS domain, the Singapore government has embarked on efforts to begin Research & Development (R&D) on Grid 2.0. Grid 2.0 refers to the next-generation grid system that will transform how energy is managed by consolidating gas, solar and thermal energy into a single intelligent network that is more efficient, sustainable and resilient.

This builds on Singapore’s past investments in smart meters, grid storage, solar photovoltaics, as well as various energy efficiency and demand management solutions to address Singapore’s unique energy challenges, and also grow the base of capabilities.

Singapore invested steadily in water technologies to make strides in attaining water self-sufficiency,and in the process emerge as a global Hydrohub. There are about 180 water companies and more than 20 private research centres today in Singapore. Grid 2.0 reflects the efforts to replicate the success of the Water Story in other sectors. It is aligned with the recommendation of the Committee on the Future Economy, for Singapore to export urban solutions.

For the development of Grid 2.0, the National Research Foundation (NRF), together with agencies including the Energy Market Authority (EMA), the Building and Construction Authority (BCA), JTC Corporation and the Singapore Economic Development Board (EDB), will be exploring further investments in key component technologies, such as the solid-state transformer (SSTs are collections of high-powered semiconductor components, conventional high-frequency transformers and control circuitry which can provide a high level of flexible control to power distribution networks. When some communication capability is integrated, the entire package can referred to as a smart transformer. SST technology can step up or step down AC voltage levels like traditional transformers but they providing significant advantages in terms of flexibility and control which could be crucial for smart grids of the future and for integrating renewable energy into grids.)

NRF together with the agencies will also look into the integration of these key component technologies into a coherent system that is more efficient, sustainable and resilient.

New opportunities are also being explored in the cold energy sector, and in developing more efficient thermal energy storage media that could be used to improve efficiency in district cooling systems.

In the future, the plan is for industry players to partner with researchers to demonstrate the feasibility of Grid 2.0 in local test-beds, scale up these technologies in mixed-use districts in Singapore, and export these integrated solutions to other cities globally.

Dr Yeoh Lean Weng, Director, Urban Solutions and Sustainability, NRF said, “There is great potential for Grid 2.0 to create value for cities globally. By capitalising on our comparative advantage in the delivery of urban solutions and the management of its underlying infrastructure, we can quickly translate technologies through the testbeds in Singapore into smart solutions that can be exported as a validated, integrated solution to other cities globally.”

[1] Set up in 2006, the RIEC provides strategic direction for national R&D. The RIEC comprises Cabinet Ministers and distinguished local and foreign members from the business, science and technology communities.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

As a Titanium Black Partner of Dell Technologies, CTC Global Singapore boasts unparalleled access to resources.

Established in 1972, we bring 52 years of experience to the table, solidifying our position as a leading IT solutions provider in Singapore. With over 300 qualified IT professionals, we are dedicated to delivering integrated solutions that empower your organization in key areas such as Automation & AI, Cyber Security, App Modernization & Data Analytics, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Renowned for our consulting expertise and delivering expert IT solutions, CTC Global Singapore has become the preferred IT outsourcing partner for businesses across Singapore.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and consulting services provider, helping clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,800 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently, and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity, and service. For more information, visit www.ibm.com