Singapore OKs billionaire-backed plan to import Australian green power

Record-breaking plan could meet up to 15% of Singapore's power needs, with power imports crucial to city-state's decarbonisation plans

Sun Cable backer Mike Cannon-Brookes.
Sun Cable backer Mike Cannon-Brookes.Photo: Getty/Getty Images

A billionaire-backed plan to pipe Australian renewable energy to Singapore via an undersea cable has taken another step forward after the city-state handed developer SunCable a conditional approval for the project.

The Singapore government’s Energy Market Authority (EMA) today granted the conditional approval to import 1.75GW of low-carbon electricity, which SunCable said could meet up to 15% of the country’s energy needs.

The plan is to generate solar power in the baking sun of the outback in Australia’s Northern Territory and send it to Singapore via a 5,100km cable – 4,300km of which will run subsea from the port city of Darwin.

Mitesh Patel, Interim CEO of SunCable International, said the announcement is a “vote of confidence in the commercial and technical viability of our project.”

The EMA said the conditional approval recognises that the project can be “technically and commercially viable” based on the proposal.

The approval gives SunCable support to continue developing the project to meet its proposed commercial operation date – expected to be after 2035. It comes just months after the Australian government handed SunCable environmental approvals for the plan.
The route for the proposed cable, which will travel through Indonesian waters on its way to Singapore.Photo: SunCable

To keep pace with energy demand, the EMA said it will continue to engage all companies with viable proposals that can contribute to Singapore’s 2050 net zero ambitions.

Next steps for SunCable include showing it meets EMA technical requirements and can deliver a viable power price. The EMA said that SunCable will also need to secure approvals from countries the undersea cable will run through – namely Indonesia.

SunCable plans to build a 6GW renewable energy plant in the Northern Territory to power the project, largely or entirely made up of solar generation, although there has been talk wind could also play a part. There will also be large energy storage capacity, which SunCable says will allow the project to deliver 24/7 power.
The planned 12,000-hectare site will also be Australia’s, and possibly the world’s, largest solar project – at least by today’s standards. China in June turned on a 3.5GW solar farm claimed to be the largest on Earth.

It would also be the world’s largest interconnector project, with 800km transmission line running from the Australian outback to the northern city of Darwin, which would use 4GW of the power generated.

SunCable is backed by Australian billionaire Mike Cannon-Brookes, who last year won a fight for control of the project with fellow heavyweight green power investor Andrew Forrest.

Low carbon electricity imports are part of Singapore’s overall strategy to decarbonise the power sector, with the city-state having little land to develop its own large scale green power generation. Its EMA is seeking to import around 6GW of low-carbon electricity by 2035.

To date, the EMA has granted 2GW of conditional licences for electricity imports from Indonesia, as well as 3.6GW of conditional approvals for electricity imports comprising 1.4GW from Indonesia, 1GW from Cambodia and 1.2GW from Vietnam.
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Published 22 October 2024, 09:50Updated 22 October 2024, 09:50
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