Singapore Wises Up to Smart Grids with $10m Grant
Singapore’s Energy Market Authority, a government agency dedicated to improving the energy sector in the country, has awarded a total of $10m in research grants for a variety of Smart Grid projects. Out of a field of 39 participants, six entities were chosen to receive the sum of money, which will fund innovation in the field of energy analytics, storage, condition monitoring and control systems.
Under the aegis of the Energy Innovation Programme Office, the initiative hopes to find ways to improve the stregth and dependability of the national grid. The national utility company, Singapore Power, has also lent its weight behind the project by partnering with some of the winning companies. Mr. Chee Hong Tat, Chief Executive, EMA and co-Executive Director of EIPO, is confident “the selected projects will help strengthen the resilience and efficiency of Singapore’s electricity grid … [to] prepare Singapore’s energy infrastructure for the future.”
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