ESC Sub-Committee on Energy Resilience and Sustainable Growth

The Economic Strategies Committee (ESC) Sub-Committee on Energy Resilience and Sustainable Growth has published its detailed report on its aim to:

recommend strategies to achieve our national energy objectives: economic competitiveness, energy security and environmental sustainability.

Here are the 5 strategies and 11 recommendations to help Singapore build a Smart Energy Economy:

Strategy 1: Diversifying our Energy Sources

1. Allow entry of new energy options on a market basis

2. Develop renewable energy sources

3. Study the feasibility of the nuclear energy option and develop expertise in nuclear energy technologies

Strategy 2: Enhancing Infrastructure and Systems

4. Invest in critical energy infrastructure ahead of demand

5. Develop Jurong Island as an energy-optimised industrial cluster

Strategy 3: Increasing Energy Efficiency

6. Promote energy efficiency for buildings, industry and in homes

7. Support clean and efficient technologies in transportation

Strategy 4: Strengthening the Green Economy

8. Establish energy as a key national R&D priority

9. Build capabilities for the green economy

10. Apply a green lens to government procurement

Strategy 5: Pricing Energy Right

11. Price energy to reflect its total cost

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