Singaporean energy and marine solutions company Seatrium said it completed the installation of a floating energy storage system (ESS) in Singapore. It is due to be operational by the first quarter of 2024.
It has been working in partnership with Singapore’s Energy Market Authority (EMA), and this is the first floating and stacked ESS in south-east Asia, the company said. A stacked and floating energy solution is crucial in addressing Singapore’s limited land availability, the company said.
The ESS has a maximum storage capacity of 7.5MWh.
Ngiam Shih Chun, Chief Executive of the Energy Market Authority (EMA), said: “Given Singapore’s limited land area, we need innovative solutions for our energy infrastructure such as Seatrium’s floating solution for energy storage. I thank our industry partners for their commitment in developing sustainable energy solutions.”
The EMA is a statutory board under the Singapore Ministry of Trade and Industry.