![]() ![]() ![]() If you think about it, a smart meter costs 10 times that of a normal meter. The cost of this project is not going to be cheap. How quickly can we see this pilot being implemented across Singapore in the long term? But it will be an evolving process and if we see benefits we can scale up and do more progressively over time. This will result in an implementation pan that spans two to three years. In terms of timeframe, we’ll are putting out documents for the pre-qualification now and will launch a tender by middle of next year. We’ll see what’s sensible, start small-scale, and learn by doing, and then take the results that are effective and expand the project along the way. The technology is still evolving rapidly, and we are taking the pragmatic position. This project is a multi-million dollar pilot. Here is a more detailed Q&A interview with Lawrence Wong at the launch of the pilot project to the local media:Ĭan you give us an idea of the costs and timeframe for the completion of this pilot project? It will provide the platform for new products and services, spur energy innovations, and completely transform the shape of the energy industry in future.” “If we make the right moves, the smart grid presents an enormous growth opportunity. Singapore will not be a laggard in this, and will “keep on top” of the technologies, he added. The United States, for example, is investing more than US$4 billion for projects to upgrade the country’s electricity grid as part of its economic stimulus package, while Japan has announced ¥6 billion investment for Smart Grid pilot projects on 10 islands, noted Mr Wong. “The challenge will come from finding the right technologies among many, and integrating them to cater to Singapore’s needs,” he said.Īccenture is among those who are interested in the project and may bid to be involved in it, he added. which will ultimately reduce carbon emissions,” said Mr Wong.Īccenture global managing director of transmission and distribution David Rouls said that Singapore was an ideal city to adopt smart grids, with its stable grid and condensed population. “If demand can be shifted away from peak periods, power companies would not need to build extra power plants to cope with such high demand requirements. Households also shifted 10 per cent of usual usage from peak to off-peak periods. Not excluding the rapidly emerging clean energy sector, the pilot project will also test ways to integrate other sources of power such as solar energy into the main grid.ĮMA’s Mr Wong said all these technologies will make the grid smarter and help Singapore reduce its carbon footprint as energy consumption is reduced due to efficiencies.Ī previous pilot project at two local housing estates which tested smart meters yielded good results, with households reducing electricity consumption by two per cent. It will test a range of smart grid technologies such as advanced electrical meters which will tell energy providers and consumers how much electricity is being used and fed into the grid. The IES project will be implemented mainly at the Nanyang Technological University (NTU), but include multiple sites such as neighbouring CleanTech Park at Jalan Bahar, as well as selected residential, commercial and industrial buildings. This project signals a new era for Singapore’s energy landscape, and seeks to make the city-state’s power system more reliable and efficient, said Mr Wong. Singapore will soon have its first smart grid which will feature intelligent meters that speak to each other and enable consumers to monitor and optimise their power usage.Ĭhief executive Lawrence Wong of the Energy Market Authority (EMA) announced last week the launch of a multi-million dollar pilot project to build an “Intelligent Energy System” (IES) for Singapore. ![]()
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