Singapore's Energy Market Authority (EMA) will co-fund selected carbon capture and storage (CCS) feasibility studies proposed by power generation companies and energy firms, aiming to help achieve the city-state's net zero emissions target by 2050.
The initiative will explore two CCS pathways: post-combustion carbon capture for combined-cycle gas turbines (CCGTs) and pre-combustion carbon capture for hydrogen production. The EMA did not specify the value of the grants for these studies.
Post-combustion carbon capture involves capturing carbon dioxide from waste gas after the combustion of natural gas in CCGTs. Pre-combustion carbon capture targets the capture of carbon dioxide produced during hydrogen generation from natural gas.
In parallel, the Singapore government is also developing a CCS project on Jurong Island to collect and store carbon dioxide emissions for overseas storage, with the first phase expected to begin around 2030.