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Singapore - TotalEnergies ENEOS – Solar for Business in Asia

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id="content" class="site-main post-979 page type-page status-publish hentry"> <div class="page-header"> <h1 class="entry-title">Singapore</h1> </div> <div class="page-content"> <div data-elementor-type="wp-post" data-elementor-id="979" class="elementor elementor-979" data-elementor-post-type="page"> <section data-dce-background-image-url="https://solar.totalenergies.asia/wp-content/uploads/2022/11/sg.jpg" class="elementor-section elementor-top-section elementor-element elementor-element-5bd7688 elementor-section-boxed elementor-section-height-default elementor-section-height-default" data-id="5bd7688" data-element_type="section" data-settings="{&quot;background_background&quot;:&quot;classic&quot;}"> <div class="elementor-container elementor-column-gap-default"> <div class="elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f73778c" data-id="f73778c" data-element_type="column"> <div class="elementor-widget-wrap"> </div> </div> </div> </section> <section class="elementor-section elementor-top-section elementor-element elementor-element-80dd199 elementor-section-boxed elementor-section-height-default elementor-section-height-default" data-id="80dd199" data-element_type="section"> <div class="elementor-container elementor-column-gap-default"> <div class="elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b52121d" data-id="b52121d" data-element_type="column"> <div class="elementor-widget-wrap elementor-element-populated"> <div class="elementor-element elementor-element-4120eb3 elementor-widget elementor-widget-heading" data-id="4120eb3" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <h2 class="elementor-heading-title elementor-size-default">Markets Singapore</h2> </div> </div> <div class="elementor-element elementor-element-9a4c7c2 elementor-widget elementor-widget-text-editor" data-id="9a4c7c2" data-element_type="widget" data-widget_type="text-editor.default"> <div class="elementor-widget-container"> <p>Electricity tariffs in Singapore rose by 8.1% in the third quarter of 2022. Surging prices in the wholesale market has seen 6 electricity retailers exit the Singapore market between October and December 2021. The global energy crunch has increased electricity bills for local SMEs by 3 to 5 times, with more expected to be hit this year as contracts under old rates expire.</p> </div> </div> <div class="elementor-element elementor-element-73a4774 elementor-widget elementor-widget-heading" data-id="73a4774" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <h2 class="elementor-heading-title elementor-size-default">Singapore’s electricity tariffs fluctuate widely, in line with the price of imported fossil fuels. </h2> </div> </div> <section class="elementor-section elementor-inner-section elementor-element elementor-element-1b0c478 elementor-section-boxed elementor-section-height-default elementor-section-height-default" data-id="1b0c478" data-element_type="section"> <div class="elementor-container elementor-column-gap-default"> <div class="elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-f5792c5" data-id="f5792c5" data-element_type="column"> <div class="elementor-widget-wrap elementor-element-populated"> <div class="elementor-element elementor-element-8cf53cf elementor-widget elementor-widget-heading" data-id="8cf53cf" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <h2 class="elementor-heading-title elementor-size-default">Installed Power Capacity (2021)</h2> </div> </div> <div class="elementor-element elementor-element-867b4f9 dce_masking-none elementor-widget elementor-widget-image" data-id="867b4f9" data-element_type="widget" data-widget_type="image.default"> <div class="elementor-widget-container"> <img decoding="async" width="800" height="447" src="https://solar.totalenergies.asia/wp-content/uploads/2023/01/sg-2021-chart-1024x572-1-1-1-1.jpg" class="attachment-large size-large wp-image-4313" alt="" srcset="https://solar.totalenergies.asia/wp-content/uploads/2023/01/sg-2021-chart-1024x572-1-1-1-1.jpg 1024w, https://solar.totalenergies.asia/wp-content/uploads/2023/01/sg-2021-chart-1024x572-1-1-1-1-300x168.jpg 300w, https://solar.totalenergies.asia/wp-content/uploads/2023/01/sg-2021-chart-1024x572-1-1-1-1-768x429.jpg 768w" sizes="(max-width: 800px) 100vw, 800px" /> </div> </div> <div class="elementor-element elementor-element-efde223 elementor-widget elementor-widget-text-editor" data-id="efde223" data-element_type="widget" data-widget_type="text-editor.default"> <div class="elementor-widget-container"> <ul><li>Generation comes mostly from gas/LNG, which caused the wholesale prices to almost double in 2022</li><li>Demand will grow by 2.2% a year in 2022-26</li><li>Solar expected to account for more than 70% of the new capacity additions over this period</li></ul> </div> </div> </div> </div> <div class="elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-d9f84d0" data-id="d9f84d0" data-element_type="column"> <div class="elementor-widget-wrap elementor-element-populated"> <div class="elementor-element elementor-element-11b73bf elementor-widget elementor-widget-heading" data-id="11b73bf" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <h2 class="elementor-heading-title elementor-size-default">Average Electricity Prices, (Industrial User)</h2> </div> </div> <div class="elementor-element elementor-element-38c52e3 dce_masking-none elementor-widget elementor-widget-image" data-id="38c52e3" data-element_type="widget" data-widget_type="image.default"> <div class="elementor-widget-container"> <img decoding="async" width="800" height="447" src="https://solar.totalenergies.asia/wp-content/uploads/2023/01/sg-2021-chart-2-1024x572.jpg" class="attachment-large size-large wp-image-3989" alt="" srcset="https://solar.totalenergies.asia/wp-content/uploads/2023/01/sg-2021-chart-2-1024x572.jpg 1024w, https://solar.totalenergies.asia/wp-content/uploads/2023/01/sg-2021-chart-2-300x168.jpg 300w, https://solar.totalenergies.asia/wp-content/uploads/2023/01/sg-2021-chart-2-768x429.jpg 768w, https://solar.totalenergies.asia/wp-content/uploads/2023/01/sg-2021-chart-2.jpg 1118w" sizes="(max-width: 800px) 100vw, 800px" /> </div> </div> <div class="elementor-element elementor-element-54ba24b elementor-widget elementor-widget-text-editor" data-id="54ba24b" data-element_type="widget" data-widget_type="text-editor.default"> <div class="elementor-widget-container"> <ul> <li>After dropping in line with lower fossil fuel prices in 2014-16, market-based tariffs have resumed their upward trend</li> <li>Currently: 22 US cents/kWh</li> <li>Renewables imports have started in 2022, with 100 MWp of capacity supplied from Laos</li> </ul> </div> </div> </div> </div> </div> </section> <section data-dce-background-color="#4632FF" class="elementor-section elementor-inner-section elementor-element elementor-element-da8f9fd elementor-section-boxed elementor-section-height-default elementor-section-height-default" data-id="da8f9fd" data-element_type="section" data-settings="{&quot;background_background&quot;:&quot;gradient&quot;}"> <div class="elementor-container elementor-column-gap-default"> <div class="elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-8e7cf3a" data-id="8e7cf3a" data-element_type="column"> <div class="elementor-widget-wrap elementor-element-populated"> <div class="elementor-element elementor-element-4ef9588 elementor-widget elementor-widget-heading" data-id="4ef9588" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <h2 class="elementor-heading-title elementor-size-default">Regulation</h2> </div> </div> <div class="elementor-element elementor-element-e575c5a elementor-widget elementor-widget-heading" data-id="e575c5a" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <h2 class="elementor-heading-title elementor-size-default">Government Lead Initiatives:</h2> </div> </div> <div class="elementor-element elementor-element-f24e1c1 elementor-widget elementor-widget-text-editor" data-id="f24e1c1" data-element_type="widget" data-widget_type="text-editor.default"> <div class="elementor-widget-container"> <p>Singapore Green Plan (2021) targets for 2030</p><ul><li>Increase solar energy deployment by five-fold to at least 2 GWp, which can meet around 3% of our 2030 projected electricity demand.</li><li>200 MW of energy storage systems deployment beyond 2025, which can power more than 16,000 households a day.</li><li>Best-in-class generation technology that meets heat-rate/emissions standards and reduces carbon emissions.</li></ul> </div> </div> <div class="elementor-element elementor-element-2054a98 elementor-widget elementor-widget-heading" data-id="2054a98" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <h2 class="elementor-heading-title elementor-size-default">Implementation:</h2> </div> </div> <div class="elementor-element elementor-element-a22d354 elementor-widget elementor-widget-text-editor" data-id="a22d354" data-element_type="widget" data-widget_type="text-editor.default"> <div class="elementor-widget-container"> <ul><li>Since 2014, net-metering scheme allowing electricity consumers (both residential and non-residential) to sell excess electricity from their rooftop PV systems to the grid. The amount paid for excess energy is the “nodal price” i.e. price at the node (physical location in the grid).</li></ul> </div> </div> </div> </div> </div> </section> <div class="elementor-element elementor-element-d41ea2c elementor-widget elementor-widget-spacer" data-id="d41ea2c" data-element_type="widget" data-widget_type="spacer.default"> <div class="elementor-widget-container"> <div class="elementor-spacer"> <div class="elementor-spacer-inner"></div> </div> </div> </div> <div class="elementor-element elementor-element-afe4e36 elementor-widget elementor-widget-heading" data-id="afe4e36" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <h2 class="elementor-heading-title elementor-size-default">Project Reference</h2> </div> </div> </div> </div> </div> </section> <section class="elementor-section elementor-top-section elementor-element elementor-element-7262b31 projects elementor-section-boxed elementor-section-height-default elementor-section-height-default" data-id="7262b31" data-element_type="section"> <div class="elementor-container elementor-column-gap-extended"> <div class="elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-38a760f" data-id="38a760f" data-element_type="column"> <div class="elementor-widget-wrap elementor-element-populated"> <div class="elementor-element elementor-element-75c464a elementor-cta--skin-cover elementor-cta--valign-top elementor-widget elementor-widget-call-to-action" data-id="75c464a" data-element_type="widget" data-widget_type="call-to-action.default"> <div class="elementor-widget-container"> <a class="elementor-cta" href="/customers/carros/"> <div class="elementor-cta__bg-wrapper"> <div class="elementor-cta__bg elementor-bg" style="background-image: url(https://solar.totalenergies.asia/wp-content/uploads/2022/09/carros-centre-video-thumbnail.png);" role="img" aria-label="carros-centre-video-thumbnail"></div> <div class="elementor-cta__bg-overlay"></div> </div> <div class="elementor-cta__content"> <h3 class="elementor-cta__title elementor-cta__content-item elementor-content-item"> CARROS Centre is Singapore’s largest freehold automotive hub. </h3> <div class="elementor-cta__button-wrapper elementor-cta__content-item elementor-content-item "> <span class="elementor-cta__button elementor-button elementor-size-xs"> » Read More </span> </div> </div> </a> </div> </div> </div> </div> <div class="elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-bbf1d57" data-id="bbf1d57" data-element_type="column"> <div class="elementor-widget-wrap elementor-element-populated"> <div class="elementor-element elementor-element-4274593 elementor-cta--skin-cover elementor-cta--valign-top elementor-widget elementor-widget-call-to-action" data-id="4274593" data-element_type="widget" data-widget_type="call-to-action.default"> <div class="elementor-widget-container"> <a class="elementor-cta" href="/customers/totalenergies-lubricants/"> <div class="elementor-cta__bg-wrapper"> <div class="elementor-cta__bg elementor-bg" style="background-image: url(https://solar.totalenergies.asia/wp-content/uploads/2022/09/TotalEnergies_Logo_RGB.png);" role="img" aria-label="TotalEnergies_Logo_RGB"></div> <div class="elementor-cta__bg-overlay"></div> </div> <div class="elementor-cta__content"> <h3 class="elementor-cta__title elementor-cta__content-item elementor-content-item"> TotalEnergies Lubricants is 100% owned by the TotalEnergies Group. </h3> <div class="elementor-cta__description elementor-cta__content-item elementor-content-item"> As part of the Group’s commitment to better energy, TotalEnergies is solarizing its own facilities. More than 5000 petrostations have been solarized worldwide. </div> <div class="elementor-cta__button-wrapper elementor-cta__content-item elementor-content-item "> <span class="elementor-cta__button elementor-button elementor-size-xs"> » Read More </span> </div> </div> </a> </div> </div> </div> </div> <div class="elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-febbfa4" data-id="febbfa4" data-element_type="column"> <div class="elementor-widget-wrap"> </div> </div> </div> </section> </div> </div> </main> <div data-elementor-type="footer" data-elementor-id="217" class="elementor elementor-217 elementor-location-footer" data-elementor-post-type="elementor_library"> <section data-dce-background-color="#F6F6F6" class="elementor-section elementor-top-section elementor-element elementor-element-3bce4b6 elementor-section-boxed elementor-section-height-default elementor-section-height-default" data-id="3bce4b6" data-element_type="section" data-settings="{&quot;background_background&quot;:&quot;classic&quot;}"> <div class="elementor-container elementor-column-gap-default"> <div class="elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7a42847" data-id="7a42847" data-element_type="column"> <div class="elementor-widget-wrap elementor-element-populated"> <div class="elementor-element elementor-element-663e517 elementor-widget elementor-widget-heading" data-id="663e517" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <h2 class="elementor-heading-title elementor-size-default">Sign Up for our Newsletter</h2> </div> </div> <div class="elementor-element elementor-element-572d489 noMarginBottom elementor-widget elementor-widget-text-editor" data-id="572d489" data-element_type="widget" data-widget_type="text-editor.default"> <div class="elementor-widget-container"> <p>Stay in the loop about the latest industry trends, innovations, and sustainable solutions.</p> </div> </div> <div class="elementor-element elementor-element-1573ba4 elementor-widget elementor-widget-text-editor" data-id="1573ba4" data-element_type="widget" data-widget_type="text-editor.default"> <div class="elementor-widget-container"> <p><script charset="utf-8" type="text/javascript" src="//js.hsforms.net/forms/embed/v2.js"></script><br /><script> hbspt.forms.create({ region: "na1", portalId: "22287516", formId: "1c4a21cf-b740-4f0b-97bd-253dbc58330f" }); </script></p> </div> </div> </div> </div> </div> </section> <section data-dce-background-color="#FBFBFB" class="elementor-section elementor-top-section elementor-element elementor-element-482100d elementor-section-full_width elementor-section-content-space-between elementor-section-height-default elementor-section-height-default" data-id="482100d" data-element_type="section" data-settings="{&quot;background_background&quot;:&quot;classic&quot;}"> <div class="elementor-container 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elementor-element-84d6eb4 elementor-widget elementor-widget-heading" data-id="84d6eb4" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <h2 class="elementor-heading-title elementor-size-default">About</h2> </div> </div> <div class="elementor-element elementor-element-b835ffb elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list" data-id="b835ffb" data-element_type="widget" data-widget_type="icon-list.default"> <div class="elementor-widget-container"> <ul class="elementor-icon-list-items"> <li class="elementor-icon-list-item"> <a href="/about-us/about-totalenergies/"> <span class="elementor-icon-list-icon"> <i aria-hidden="true" class="fas fa-caret-right"></i> </span> <span class="elementor-icon-list-text">About TotalEnergies</span> </a> </li> <li class="elementor-icon-list-item"> <a href="/about-us/about-eneos-corporation/"> <span class="elementor-icon-list-icon"> <i aria-hidden="true" class="fas fa-caret-right"></i> </span> <span class="elementor-icon-list-text">About ENEOS Group </span> </a> </li> </ul> </div> </div> <div class="elementor-element elementor-element-edf923d elementor-widget elementor-widget-heading" data-id="edf923d" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <h2 class="elementor-heading-title elementor-size-default"><a href="/industries/">Industries</a></h2> </div> </div> <div class="elementor-element elementor-element-38561fa elementor-widget elementor-widget-heading" data-id="38561fa" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <h2 class="elementor-heading-title elementor-size-default"><a href="/projects/">Projects</a></h2> </div> </div> </div> </div> <div class="elementor-column elementor-col-16 elementor-inner-column elementor-element elementor-element-fc96902" data-id="fc96902" data-element_type="column"> <div class="elementor-widget-wrap elementor-element-populated"> <div class="elementor-element elementor-element-9dc06a0 elementor-widget elementor-widget-heading" data-id="9dc06a0" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <h2 class="elementor-heading-title elementor-size-default">Our Business</h2> </div> </div> <div class="elementor-element elementor-element-335936a elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list" data-id="335936a" data-element_type="widget" data-widget_type="icon-list.default"> <div class="elementor-widget-container"> <ul class="elementor-icon-list-items"> <li class="elementor-icon-list-item"> <a href="/our-business/our-solution/"> <span class="elementor-icon-list-icon"> <i aria-hidden="true" class="fas fa-caret-right"></i> </span> <span class="elementor-icon-list-text">TotalEnergies Solution</span> </a> </li> <li 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data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <h2 class="elementor-heading-title elementor-size-default">Countries</h2> </div> </div> <div class="elementor-element elementor-element-962516d elementor-icon-list--layout-inline elementor-align-left countries elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list" data-id="962516d" data-element_type="widget" data-widget_type="icon-list.default"> <div class="elementor-widget-container"> <ul class="elementor-icon-list-items elementor-inline-items"> <li class="elementor-icon-list-item elementor-inline-item"> <a href="/countries/singapore/"> <span class="elementor-icon-list-icon"> <i aria-hidden="true" class="fas fa-caret-right"></i> </span> <span class="elementor-icon-list-text">Singapore</span> </a> </li> <li class="elementor-icon-list-item elementor-inline-item"> <a href="/countries/cambodia/"> <span class="elementor-icon-list-icon"> <i aria-hidden="true" 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