SINGAPORE — US Secretary of Energy Jennifer M. Granholm and Singapore’s other Secretary of Commerce and Industry Dr. Tan See Leng met in Singapore on the sidelines of the US-Southeast Asia Clean Energy Round Table on July 14, 2022. Secretary Granholm and Minister Tan stressed the importance of Singapore U.S. energy co-operation and confirmed the importance of strengthened co-operation on energy security, clean energy transitions and regional energy interconnection.
Ministers acknowledged the urgency of accelerating energy transition in the region to achieve zero climate goals and agreed that international cooperation is crucial to exploiting the untapped potential of renewable energy in Southeast Asia, stimulating investment flows for clean energy and generating new green jobs. .
The ministers welcomed further cooperation on regional energy interconnection to increase energy security and strengthen the network’s resilience. To this end, the ministers expressed interest in a feasibility study to improve the energy connection in the region. Improving the energy connection will enable mutual support for the region’s power systems, while at the same time facilitating regional trade in power.
The ministers also acknowledged that the government can provide an enabling environment that exploits new growth opportunities and welcomed the efforts of these decision-makers, the private sector and financiers working to scale up the distribution of renewable energy and new low-carbon energy technologies in the region. stronger public-private partnerships are needed to further promote regional transitions to clean energy. The industry should continue to actively innovate and drive sustainability at the core of its business models.
