As part of the nation’s efforts to tackle climate change, the Energy Market Authority (EMA) is launching the inaugural Singapore Energy Grand Challenge (SEGC) for the Industry and Research Community.
2. The SEGC’s twin objectives are to enhance business competitiveness and lower Singapore’s carbon footprint. It seeks novel solutions that could improve the energy efficiency of local businesses by 50% by 2030 in three key areas, namely:
the development of energy efficient technologies,
optimisation of industrial and commercial processes, and
digitalisation to help Singapore businesses improve their energy efficiency.
3. Participants may also propose other areas of focus that could contribute towards greater energy efficiency for businesses. Selected entries will receive a grant to bring the project to fruition. (Please see Annex A for an infographic on the SEGC.)
4. “Improving energy efficiency is a key part of Singapore’s Energy Story. A collective effort to manage our energy demand supports our aim of creating a more sustainable, reliable and affordable energy future. I look forward to the innovative solutions that will help businesses become more energy-efficient and competitive” said Dr Tan See Leng, Second Minister for Trade and Industry. (Please see Annex B for more information on Singapore’s Energy Story.)
5. In the spirit of co-creating innovative ideas, SEGC participants are encouraged to collaborate with industry, business partners and consumers to develop solutions that can be commercialised, and benefit companies across different sectors.
6. On this, Mr Ngiam Shih Chun, Chief Executive of EMA said, “This inaugural Challenge sets an ambitious goal of improving the energy efficiency of businesses by 50% by 2030. I believe this is achievable when industry players, the research community and consumers come together to co-create workable solutions that could benefit businesses, contributing towards a more sustainable energy future.”
7. More details on the SEGC are found at https://ema.gov.sg/industry-segc.aspx and participants must submit their proposals by 1 December 2020, 12 noon. The SEGC is in line with the Singapore Together initiative, which aims to create a shared future for Singapore through closer partnerships between the government and the people.
8. Earlier in March this year, EMA launched the Singapore Energy Grand Challenge (Youth) using a game-based learning platform - Microsoft’s Minecraft: Education Edition. Students were invited to submit their vision of an energy efficient school or neighbourhood in Singapore in 2050. The top three teams stand a chance to win cash prizes of up to $10,000 and winners will be announced in October 2020.