EMA, KETEP expand deal on advancing energy technology

This will boost Singapore’s efforts to decarbonise its power system.

The Energy Market Authority (EMA) and Korea Institute of Energy Technology Evaluation and Planning (KETEP) have signed a memorandum of understanding to enhance their collaboration in various areas related to energy technology through information sharing.

Prior to this, EMA and KETEP signed a deal on Joint Research and Development Projects in March 2019 to cooperate and engage in joint research and development projects in smart grids and energy technologies.

Under the latest deal, EMA said some of the areas that will be covered are energy efficiency, renewable energy, smart grids, energy storage systems, carbon capture and storage, and information exchange.

The parties will conduct workshops, symposia and/or training programmes, as well as launch calls for research and development in the said areas. Results of relevant projects will be shared to facilitate commercialisation opportunities for these technologies.

Singapore said this is in line with its efforts to decarbonise its power system and meet the city-state’s next zero emissions target by 2050.

EMA has also expanded its partnership with Korea Gas Corporation for the exploration of the joint procurement of liquefied natural gas.

A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia