• Carbon capture and storage in Singapore: Market Overview

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      Tracey Biller

  • Global law firm Norton Rose Fulbright has just published a Singapore Market Overview which lays out the country’s plans to meet its 2030 Nationally Determined Contribution climate targets.

    Singapore’s greenhouse gas emissions measured about 58,590 kilotonnes of carbon dioxide or equivalent in 2022 and are expected to peak in 2028 before reducing to 60,000 kilotonnes in 2030. The mitigation measures detailed in the biennial transparency report submitted to the United Nations in November 2024 could help reduce emissions by up to 12,000 kilotonnes by 2030, with the expectation that the use of CCS or CCUS would contribute to 20 percent of the total.

    Given that Singapore lacks suitable underground sites to facilitate CCS, the plan is to work with other countries in the development of this technology. Initiatives detailed in the report include awarding grants to support research, development, and demonstration projects on low-carbon energy technology solutions. The government will also work with S-Hub, a Shell/ ExxonMobil consortium, to evaluate the technical and economic feasibility of cross-border carbon capture projects. The consortium will also seek to collaborate with regional partners to identify potential CO₂ storage sites.

    In addition, Singapore will be launching a pilot by 2026 to test the viability of carbon capture technologies at its waste-to-energy plants. Cross-border collaborations with Indonesia and Australia are also envisaged.

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