Singapore Co-Funds Studies on Carbon Capture and Storage (CCS): A Step Towards Carbon Neutrality by 2050

Singapore is stepping up its efforts to achieve carbon neutrality by 2050 by co-funding feasibility studies on carbon capture and storage (CCS) in its power plants. This key project aims to reduce emissions while ensuring the country's energy security.

Share:

Gain full professional access to energynews.pro from 4.90$/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90$/month*

No commitment – cancel anytime, activation in 2 minutes.

*Special launch offer: 1st month at the indicated price, then 14.90 $/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99$/year*

To access all of energynews.pro without any limits

*Introductory annual price for year one, automatically renewed at 149.00 $/year from the second year.

The government of Singapore, through the Energy Market Authority (EMA), recently announced the co-funding of feasibility studies for carbon capture and storage (CCS) projects proposed by energy companies. This effort is part of the national strategy to achieve carbon neutrality by 2050. Singapore, which relies heavily on natural gas for electricity production, aims to reduce its emissions while maintaining energy security by integrating innovative technologies such as CCS.

Carbon capture and storage (CCS) is a vital process for countries heavily dependent on fossil fuels. It involves capturing carbon dioxide (CO2) emitted by power plants and storing it in underground geological reservoirs or reusing it in industrial processes. Singapore sees this technology as a key solution to mitigate emissions while continuing to use natural gas, a dominant energy source in its energy mix.

Carbon Capture Pathways Studied

The EMA announced that it will focus on two main carbon capture technologies. Post-combustion capture, which involves capturing CO2 from the exhaust gases of combined-cycle gas turbines (CCGTs) after combustion, allows existing infrastructure to be upgraded. This solution is particularly suited for already established power plants, such as those providing the majority of Singapore’s electricity. Pre-combustion capture, on the other hand, extracts CO2 during the conversion of natural gas into hydrogen, a cleaner fuel. This technology holds significant potential for Singapore, which aims to include hydrogen in its future energy mix.

The funded studies will assess the feasibility of these two approaches, considering local specifics, existing infrastructure, and associated costs.

A Strategic Commitment to Carbon Neutrality

Beyond feasibility studies for power plants, Singapore has also initiated the development of a large-scale carbon storage infrastructure on Jurong Island, its main industrial hub. This project aims to aggregate CO2 emissions from various industrial sectors and store them abroad, as Singapore has limited geological storage capacity. The first phase of this project is expected to be operational by 2030, and is part of an integrated approach to managing carbon emissions on a national scale.

Hydrogen as a Pillar of the Energy Transition

Exploring carbon capture during pre-combustion for hydrogen production is a central element of Singapore’s energy strategy. Hydrogen is seen as a future solution for decarbonizing sectors that are difficult to electrify, such as heavy industries and maritime transport. By capturing CO2 during the production of hydrogen from natural gas, Singapore could reduce the carbon impact of this new energy source, ensuring a cleaner energy transition.

Challenges of Carbon Capture and Storage

Although promising, CCS faces significant technical and financial challenges. The high cost of implementing and operating these technologies is a major obstacle, as is the need for sophisticated infrastructure to transport and store captured CO2. Additionally, as a small island nation, Singapore will likely need to enter into international agreements to store its CO2 in geological formations abroad, adding logistical and diplomatic complexity to the equation.

The feasibility studies co-funded by the EMA will need to address these key questions, determining whether CCS can be implemented on a scale that justifies its cost and impact on climate goals.

Economic and Environmental Implications

By investing in CCS, Singapore not only reduces its emissions but also positions itself as a regional leader in carbon management technologies. Global demand for carbon management solutions is expected to rise, and Singapore could become a hub for innovation in this sector, offering new economic opportunities and green jobs.

By funding these CCS studies, Singapore demonstrates a strong commitment to its climate goals while recognizing that the transition to a low-carbon economy requires a multifaceted approach. CCS will play a crucial role in this transition, enabling Singapore to maintain its energy security while reducing its carbon footprint. With projects such as CCS on Jurong Island, the country shows that it is possible to balance economic growth with environmental responsibility.

Hanwha Power Systems has signed a contract to supply mechanical vapour recompression compressors for a European combined-cycle power plant integrating carbon capture and storage.
A prudent limit of 1,460 GtCO2 for geologic storage reshapes the split between industrial abatement and net removals, with oil-scale injection needs and an onshore/offshore distribution that will define logistics, costs and liabilities.
Frontier Infrastructure Holdings drilled a 5,618-metre well in Wyoming, setting a national record and strengthening the Sweetwater Carbon Storage Hub’s potential for industrial carbon dioxide storage.
The Northern Lights project has injected its first volume of CO2 under the North Sea, marking an industrial milestone for carbon transport and storage in Europe.
Verra and S&P Global Commodity Insights join forces to build a next-generation registry aimed at strengthening carbon market integration and enhancing transaction transparency.
Singapore signs its first regional carbon credit agreement with Thailand, paving the way for new financial flows and stronger cooperation within ASEAN.
Eni sells nearly half of Eni CCUS Holding to GIP, consolidating a structure dedicated to carbon capture and storage projects across Europe.
Investors hold 28.9 million EUAs net long as of August 8, four-month record level. Prices stable around 71 euros despite divergent fundamentals.
The federal government is funding an Ottawa-based company’s project to design a CO2 capture unit adapted to cold climates and integrated into a shipping container.
Fluenta has completed the installation of its Bias-90 FlarePhase system at the Pelican Amine Treating Plant in Louisiana, marking progress in the measurement of flare gas flows with very high carbon dioxide concentrations.
Alberta carbon credits trade at 74% below federal price as inventory reaches three years of surplus, raising questions about regulatory equivalence before 2026 review.
The integration of carbon capture credits into the British trading system by 2029 raises questions about the price gap with allowances and limited supply capacity.
Carbon Ridge reaches a major milestone by deploying the first centrifugal carbon capture technology on a Scorpio Tankers oil tanker, alongside a new funding round exceeding $20mn.
Elimini and HOFOR join forces to transform the AMV4 unit at Amagerværket with a BECCS project, aiming for large-scale CO₂ capture and the creation of certified carbon credits. —
Carbonova receives $3.20mn from the Advanced Materials Challenge programme to launch the first commercial demonstration unit for carbon nanofibers in Calgary, accelerating industrial development in advanced materials.
Chestnut Carbon has secured a non-recourse loan of $210mn led by J.P. Morgan, marking a significant step for afforestation project financing and the growth of the U.S. voluntary carbon market.
TotalEnergies seals partnership with NativState to develop thirteen forestry management projects across 100,000 hectares, providing an economic alternative to intensive timber harvesting for hundreds of private landowners.
Drax’s generation site recorded a 16% rise in its emissions, consolidating its position as the UK’s main emitter, according to analysis published by think tank Ember.
Graphano Energy announces an initial mineral resource estimate for its Lac Saguay graphite properties in Québec, highlighting immediate development potential near major transport routes, supported by independent analyses.
Carbon2Nature, a subsidiary of Iberdrola, partners with law firm Uría Menéndez on a 90-hectare reforestation project in Sierra de Francia, targeting carbon footprint compensation for the legal sector.

Log in to read this article

You'll also have access to a selection of our best content.