Singapore to study feasibility, costs of solar energy storage systems

Singapore is taking another step to tap solar power by looking at how it can be stored for use at night or on cloudy days. A six-month consultancy study commissioned by the Energy Market Authority will shed light on the cost and viability of this from now until 2030. With energy storage systems costing countries such as Germany and Japan hundreds of millions, the study will have to work out ways to pay for them. These could include subsidies, incentives or leasing schemes. The tender for the study will be awarded in 2H2021.

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