Legislative Changes to Facilitate Transition to Low-Carbon Generation Sources Passed in Parliament

On 2 November 2021, the Energy (Resilience Measures and Miscellaneous Amendments) Bill (“Bill“) was passed in Parliament. In line with the transition of Singapore’s electricity generation to low-carbon generation sources, the Bill sets out amendments to the Energy Market Authority Act, the Electricity Act, and the Gas Act, to empower the Energy Market Authority to require electricity generation licensees to reduce the emission of greenhouse gases in the generation, transmission, import, export or supply of electricity. These changes may affect the emission standards that businesses in the energy industry are held to.

This Update highlights the key features of the Bill.