Keppel Limited and Siemens Energy Global have signed a memorandum of understanding (MOU) to explore low-carbon power generation solutions.
The MOU was signed during Singapore’s International Energy Week (SIEW), organised by the Energy Market Authority of Singapore (EMA).
Earlier this month, a Keppel-led consortium was appointed by EMA and the Maritime and Port Authority of Singapore to conduct a front-end engineering and design (FEED) study for the development of a low- or zero-carbon ammonia solution on Jurong Island for power generation and bunkering.
Keppel says that if implemented, this could be among the world’s first utility scale direct-ammonia combustion power plants—and Singapore’s first—setting a new benchmark for clean fuel solutions and global decarbonisation.
As part of its collaboration with Siemens Energy, Keppel intends to work with the former to advance the development of state-of-the-art, commercial-scale facility that uses ammonia as fuel, as well as other low-carbon fuels, such as bio-LNG and hydrogen, for low-carbon energy-efficient power generation.
“With the surging demand for computing power driven by AI, we see a tremendous need for dispatchable, low-carbon generation solutions that ensure energy resilience and sustainability, not just in Singapore, but globally. This partnership between Keppel and Siemens Energy underscores our shared commitment to innovate and create breakthroughs to address the complexities of delivering and using emerging clean fuels, including ammonia, bio-LNG, and hydrogen, to enable efficient, reliable, and commercially viable low-carbon power systems,” says Cindy Lim, CEO of Keppel’s Infrastructure Division.
See also: Opinion: Free electricity can break the climate deadlock
Shares in Keppel closed 16 cents higher or 1.618% up at $10.05 on Oct 30.
