Singapore-based Keppel Offshore & Marine signed a US$10M partnership agreement and MoU with Singapore’s Energy Market Authority (EMA) to develop innovative technologies in the areas of distributed energy resources, digitalisation and low-carbon alternative systems
EMA and Keppel are seeking to fund new ideas related to energy storage systems and smart power grids for the offshore and marine environment.
The partnership is aimed at finding technologies to reduce energy usage and carbon footprints and improve overall operational efficiency in the sector. Keppel and EMA said the insights derived from the funding call could be translated to potential solutions to enhance the grid.
EMA chief executive Ngiam Shih Chun said “We are seeking solutions that incorporate the use of cleaner energy, optimise energy consumption and reduce carbon emissions. By doing so, we are building Singapore’s energy story by co-creating solutions for a more sustainable energy future with stakeholders.”
Keppel aims to have an offshore testbed it calls its Floating Living Lab (FLL) operational by 2021. Keppel intends for the FLL to provide a platform for the industry and the research community to test and commercialise promising technologies for the marine sector.
The FLL will have LNG bunkering facilities for harbour craft and small vessels. It will also house an embedded power generation system to power Keppel’s operations, with excess electricity to be exported to the national grid.
Keppel chief executive Chris Ong said “Our use of digitalisation and data analytics will reduce energy waste and increase the use of cleaner energy. The insights gleaned can also help us develop integrated solutions across the Keppel Group for sustainable urbanisation. Our Floating Living Lab will help to reduce our carbon footprint by leveraging and test bedding clean floating energy solutions.”
The grant call is open for applications and will close at noon on 24 June 2020. Interested companies, research institutions and institutes of higher learning are welcome to participate.
Shortlisted participants will have the opportunity to test their solutions on the FLL.