Skip to comments.Singapore Govt to spend S$100m on efficient energy initiatives
Posted on 07/30/2014 8:30:39 AM PDT by Citizen Zed
The money will fund research on green data centres and initiatives that encourage the efficient use of energy in buildings.
The authorities are studying the possibility of capturing the emissions from Singapore's power plants, refineries and petrochemical industries instead of releasing them into the air.
Carbon dioxide from these emissions can then be separated and stored thousands of metres underground. Experts say the carbon dioxide can also be used to make products like formic acid and urea.
It can provide an interesting revenue stream, for instance in oil recovery, said Cecilia Tam from the International Energy Agency. In countries like Singapore where you don't have suitable storage sites, it is a good opportunity to demonstrate and develop these technologies, but there is a question of scale that will need to be addressed in the longer term."
Apart from carbon capture, storage and utilisation, other energy technology roadmaps include research into solar panels, industry energy efficiency, and building energy efficiency.
Experts estimate about 80 per cent of existing buildings in countries which are members of the Organisation for Economic Co-operation and Development (OECD) will still be standing in 2050. Closer to home, buildings make up about a third of Singapore's total energy consumption. In both OECD countries and in Singapore, experts say there is an urgent need to either retrofit buildings with energy-efficient features or build greener buildings.
(Excerpt) Read more at channelnewsasia.com ...