Renewable energy can meet 10% of power demand without govt subsidies: SEAS [News]
By Nicole Tan, Channel NewsAsia, 22 Nov 2013.
Renewable energy sources can generate up to 10 per cent of Singapore’s power demand by 2020, compared to less than 1 per cent today.
According to a white paper released by the Sustainable Energy Association of Singapore (SEAS), this potential can be achieved without government subsidies but requires an estimated S$4 billion investment from the private sector over the next 12 years.
The association currently has more than 160 members and represents the interests of companies in the sustainable energy industry and other related stakeholders.
Solar energy, biomass and biogas are key renewable energy sources identified as sustainable alternatives to Singapore’s growing energy needs.
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Source: Channel NewsAsia