SINGAPORE’S INITIATIVES IN ENERGY EFFICIENCY IN THE INDUSTRY SECTOR Chiu Wen Tung 1
Public-Private Partnership to Achieve Energy Efficiency Public Sector Private Sector * List of Training/ESCOs providers/Industry-led EE platforms are for illustrative purposes only. List shown is bias-free and not meant to be comprehensive. 2 2
Industry Sector Energy Efficiency Training Sharing Platforms • SCEM Certification & Training • Energy Efficiency National Grant Partnership • McKinsey’s Green Campus • Industry-led workgroups Energy Efficiency Conferences Solutions • National Energy Efficiency • ESCO Accreditation Conference Awareness • Design for Efficiency • Singapore International Energy • Energy Efficiency Improvement Week Assistance Scheme (EASe) • Benchmarking studies • Industry development of solution providers R&D • Research grants for A*STAR, NTU (ERI@N), NUS Implementation Capability Financing • Tax Incentive • Grants • 3 rd party financing Positive Reinforcement Loop 3 3
Awareness Energy Efficiency National Partnership – Free-to-join network – Share best practices, standards and case studies – Preferential course rates – About 125 companies currently – National Recognition Scheme • Annual awards accord recognition and strengthen companies’ branding 4 4
Awareness Capability Discover Energy Efficiency Opportunities Benchmarking Studies that generate Energy Efficiency (EE) ideas – Biomedical sector (2010) • Established best practices • Led to set up of EE working group amongst over 10 companies • Continuously share EE project ideas and set EE KPI – Petrochemical sector (2011) • Generated plant-level and system-level projects • Concrete roadmaps for implementation • Infrastructure planning guidelines to optimize utilities consumption – Data centers (2012) • Best practices e.g. for design of mechanical and electrical systems – Upcoming: Target to conduct study for semiconductor sector 5 5
Capability Energy Efficiency Schemes Scheme Objective Develop expertise in energy management Singapore Certified Energy Manager (SCEM) Training Grant Incorporate energy efficiency early in the design Design for Efficiency Scheme stage, to reap long term recurrent energy savings (DfE) The Singapore plant can serve as model plant to other global sites Energy audits to discover energy efficiency Energy Efficiency Improvement Assistance opportunities Scheme (EASe) The Government provides significant funding support (up to 80% for some schemes). For more details, please visit www.e2singapore.gov.sg 6 6
Implementation Grant for Energy Efficient Technologies Objective Encourage investment in energy efficient equipment or technologies Form of Assistance Typical funding of up to 20% of the qualifying costs, capped at $4 million per project. Projects have a demonstrative effect Success stories serve as learning examples for other companies 7 7
Implementation Investment Allowance (IA) for Energy Efficiency Objective To encourage manufacturers to invest in large capex EE projects which yield significant energy savings Form of assistance IA essentially offsets taxable income 8 8
Implementation Energy Efficiency (EE) financing pilot • To help kick start EE financing eco-system for industrial sector (comprising Energy Service Companies, financiers, end-users) • Potential benefits to the end-user include: • Zero upfront capital • Project paid for by energy savings • End-user enjoys part of energy savings • Off-balance sheet solution (unlike loans) • Outsourced technical risk – solution provider providers performance guarantee 9 9
Case Study Systems on Silicon Manufacturing Co. Pte Ltd (SSMC) • SSMC is a semiconductor Project cost S$74, 000 fabrication company Annual 2,500 MWh energy savings • Tapped on EASe scheme to Annual cost S$319,000 discover EE opportunities savings Payback 0.2 years period • Info is an enabler. Installed controller to control and maintain optimal performance of the chillers 10 10
Case Study Bodynits International Pte Ltd (Bodynits) • Manufacturer of garments. • Tapped on GREET to upgrade its existing air- cooled chiller plant with a water-cooled one • Chiller plant efficiency improved 50% from 1.59 kW/RT to 0.79 kW/RT. • Annual energy cost savings of $93,000, which is about 20% of Bodynits’s annual energy cost . 11 11
Industry Sector Energy Efficiency • Energy Conservation Act • Energy Efficiency Improvement Awareness Assistance Scheme • Design for Efficiency -Energy Efficiency Scheme National Partnership • Benchmarking studies • Best Practices sharing Implementation Capability - Grant for Energy Efficient Technologies - Singapore Certified Energy -Investment Allowance Manager - EE Financing 12 12
Thank You EDB provides this presentation (including oral statements) gratuitously for information only and not for any other purpose. EDB does not warrant the accuracy, completeness nor suitability for purpose of any information in this presentation. EDB excludes all liability including but not limited to inaccuracies, incompleteness or lack of suitability for purpose of any information in the More information on energy efficiency presentation. initiatives of E 2 PO is available at www.e2singapore.gov.sg 13
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