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4.21. In 2018, the Government launched the first grant call for the Genco EE Grant and awarded SGD 37 million to PacificLight Power, Tuas Power, Senoko Energy, and YTL PowerSeraya, to embark on energy efficiency projects. These projects are expected to reduce carbon emissions by over 48 kilotonnes per year.

4.22. Following this award, the 2nd Genco EE Grant Call was launched on 11 January 2021 to continue to support gencos' efforts to improve their energy efficiency and adapt to an increasingly carbon-constrained future. This second grant call is planned to close on 30 September 2021, and the outcome is to be made known to the public by mid-2022.

4.23. The remainder of the electricity comes from refuse/biomass, coal, petroleum products, and solar, but none of these sources accounts for more than 3%, even though Singapore has set targets for 2030 for solar capacity (2 GWp) and storage (200 megawatts).

4.24. The overall share of renewables in Singapore's fuel mix for electricity generation remained constant at approximately 2.8% from 2015 to 2019. The relative share of solar energy increased between 2015 and 2019 (slightly more than 0% in 2015 to 0.36% in 2019). Singapore achieved its 2020 solar capacity target of 350 megawatts peak (MWp) in the first quarter of 2020. The Government subsequently announced new targets of 1.5 gigawatts peak (GWp) by 2025 and at least 2 GWp by 2030.

4.25. The Government is accelerating the solar deployment in Singapore, such as through the SolarNova programme. The Government has not created feed-in tariffs.

4.26. The Government is also working closely with the industry to develop energy storage solutions (ESS), which aim to support solar deployment. EMA launched the ACCESS programme to facilitate ESS adoption in Singapore by promoting use cases and business models. The programme also looks at securing space, marrying demand with solutions, and facilitating regulatory approvals for ESS deployment. (...) Most recently, EMA and Keppel O&M awarded a research grant to pilot Singapore's first floating energy storage system, which also aims to explore a battery stacking solution.

4.28. Singapore is also planning to explore emerging low-carbon solutions (e.g. carbon capture, utilization and storage technologies, and hydrogen) to reduce its carbon footprint.

4.31. The electricity sector is now fully unbundled. There are 15 electricity generation licensees. Three of them generate power for their own use or supply power as a by-product (e.g. waste to energy plants), (...).

4.33. (...) In July 2017, the Government unveiled a plan for a smart grid that consolidates thermal, gas, and solar powers.

4.179. The traditional support instruments for the maritime sector remained mainly unchanged (with extensions until 2026, where applicable) during the review period. They comprise:(...)•the Maritime Singapore Green Initiative (MSGI), which seeks to reduce the environmental impact of shipping and related activities and to promote clean and green shipping in Singapore. In 2011, the Maritime and Port Authority (MPA) of Singapore pledged to invest up to SGD 100 million over five years through the MSGI. In 2019, the initiative was extended until 31 December 2024 and enhanced to promote decarbonization of shipping. It is a comprehensive initiative comprising four programmes: (i) the Green Ship Programme, which entitles qualifying Singapore-flagged ships to benefit from registration fee reductions and an annual tonnage tax refund; (ii) the Green Port Programme, which grants qualifying ocean-going ships calling at the Port of Singapore the benefit of a 25% 35% reduction in port fees; (iii) the Green Energy and Technology Programme, which attributes grants to technology solution providers to develop and conduct pilot trials in Singapore for technologies that can help vessels meet the International Maritime Organization (IMO) 2030 emissions targets; and (iv) the Green Awareness Programme, which encourages companies to pursue advanced sustainability reporting in areas of carbon reporting and internal carbon pricing.