Energy Market Authority (EMA) stated in The Straits Times
Forum 1 Sep 06
Alternative fuels wont fully replace fossil ones
EMA informed that there is consensus that fossil fuels oil,
natural gas and coal will continue to be the dominant fuels that
will meet the bulk of the worlds energy needs.
They are more economical than many alternative energy sources, and
there are adequate reserves to meet global energy demand for at
least the next 40 years (longer for coal).
In Singapore, about 80 per cent of our electricity today is
generated from natural gas. This is the cleanest and most energy
efficient option, compared to oil or coal.
We have limited renewable alternatives. Due to our geography, we
are unable to tap geothermal or hydro sources. Our wind speed and
tidal differences are also not high enough for significant
electricity generation.
Electricity from photo-voltaic technology still costs more than
three times the average Singapore electricity pool price.
Beside, even if we covered most of the available rooftop space in
Singapore with solar panels, we would be able to meet only about
3-4 per cent of Singapore annual electricity consumption, using
todays solar technology.
