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Singapore Government announces $49 million Low-Carbon Energy Research Funding Initiative

The Singapore Government have announced a $49 million Low-Carbon Energy Research Funding Initiative at the Singapore International Energy Week 2020. It will support research, development and demonstration projects in low-carbon energy technologies such as hydrogen; and carbon capture, utilisation and storage over the next five years.

These efforts aim to accelerate the technical and economic viability of such emerging technologies to reduce Singapore’s carbon emissions, particularly for emissions-intensive areas like the power and industrial sectors.

Minister for Trade and Industry Mr Chan Chun Sing said, “Hydrogen, and carbon capture, utilisation and storage, are promising technologies that have the potential to transform Singapore’s energy landscape and help us achieve our long-term emissions reduction goals. This new funding initiative strengthens our current efforts, and will accelerate our transition towards a cleaner and more sustainable energy future.”

Research projects could include technologies that enable the effective capture of carbon dioxide (CO2) from low-concentration emission sources in the industrial and power sectors, and to convert the CO2 into useful products such as building materials, reclamation sand and synthetic fuels.

Test-beds for emerging technologies, such as the blending of low-carbon hydrogen with natural gas in combined cycle gas turbines, will reduce carbon emissions from electricity generation. These test-beds could yield insights in applying low carbon technologies in Singapore’s context, and facilitate future deployment.

Multi Government Agency Initiative

This funding initiative is a multi-agency involving the Agency for Science, Technology and Research (A*STAR), the Economic Development Board (EDB), the Energy Market Authority (EMA), the National Climate Change Secretariat (NCCS) and the National Research Foundation (NRF). It will be co-driven by EDB and EMA to ensure projects are relevant to the industrial and power sectors, with A*STAR as the implementing agency on behalf of the Government.

This initiative seeks to build a more sustainable energy future by harnessing the four switches of energy supply, one of which is the use of low-carbon alternatives. It supports Singapore’s vision for a low-carbon and climate-resilient future.

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

CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

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 business services provider. We help 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 3,000 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.