The Government of Singapore has announced a five-year energy infrastructure plan to meet rising electricity demand, with peak demand projected to increase from 8.6 GW in August 2026 to between 9.9 GW and 13 GW by 2031. The plan includes five new natural gas-fired power plants expected to enter operation between 2026 and 2031, expanding generation capacity by around 26 per cent from the current 12 GW. Singapore also plans to increase solar capacity from 2.3 GWp currently to 4 GWp by 2035, expand energy storage capacity from approximately 350 MWh to more than 1 GWh by 2030, and invest up to SGD5.3 billion in grid expansion between 2025 and 2029. The transmission cable network is expected to grow from around 7,700 miles to 9,100 miles by 2030.
The Energy Market Authority (EMA) is also increasing liquefied natural gas regasification capacity from 10 million tonnes per annum to 15 million tonnes per annum by 2030 and exploring additional gas-fired generation and energy infrastructure at Pulau Tekong. To support decarbonisation, Singapore has granted conditional approval to Sembcorp Utilities to import 1.3 GW of low-carbon electricity, including offshore wind power from Vietnam and solar power from Malaysia, with imports targeted to begin by 2035. Feasibility studies are also underway for a second electricity interconnector with Peninsular Malaysia, potentially providing up to 2 GW of capacity by 2030.