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Solar PV in Singapore in the Absence of Subsidies

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New Challenges and Solutions for Renewable Energy

Part of the book series: International Political Economy Series ((IPES))

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Abstract

The Republic of Singapore is a city state, located on one main island surrounded by many small islets with a total land area that has grown from 581.5 sq. km. in the 1960s to 719.1 sq. km. in 2015. Singapore has a small albeit developed economy. With a 2017 GDP of 447.3 billion dollars (Ministry of Trade and Industry 2018), Singapore’s population of 5.6 million has one of the highest Gross National Income per capita in the world. Singapore does not have any traditional energy resources domestically, and its energy sector almost entirely relies on natural gas imports. Traditionally, most of Singapore’s supply of natural gas has come from pipelines that connect from Indonesia and Malaysia. However, in a bid to diversify and improve the security of fuel supply, Singapore has moved toward Liquefied Natural Gas, with an LNG terminal opening in 2013.

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Jindal, G., Tao, J., Finenko, A. (2021). Solar PV in Singapore in the Absence of Subsidies. In: Midford, P., Moe, E. (eds) New Challenges and Solutions for Renewable Energy. International Political Economy Series. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-54514-7_10

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