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Singapore, a global trade and financial hub, relies heavily on imported energy sources. To ensure a reliable and secure energy supply, Singapore has diversified its energy mix, embracing renewable energy and enhancing energy efficiency. In 2021, the energy sector contributed 3.5% to Singapore's GDP, showcasing its importance in the national economy.
Singapore Energy, Power, and Electrical Government Procurement
The Singapore government actively procures energy, power, and electrical products and services to meet the country's energy needs. In 2021, the total value of government procurement in this sector reached SGD 2.2 billion (approximately USD 1.6 billion).
The main energy, power, and electrical products and services procured by the Singapore's government include
LNG Imports: Optimization, Supply Chain, Security
Renewables: Offshore Wind, Solar Rooftop, Geothermal, Microgrids
Efficiency: Buildings, Industries, Smart Systems, Behavior Change
Smart Grids: Grid Modernization, Demand-Side Management, Data Analytics
The Energy Market Authority (EMA) oversees the overall energy sector, including procurement activities. Other key authorities involved in procurement include:
Singapore Power
SP Group
Sembcorp Industries
Hyflux
Major winners of Singapore energy, power, and electrical procurement contracts include:
Siemens
GE
ABB
Schneider Electric
Yokogawa Electric.
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