Introduction:
In a significant move to support Singapore's aspiration of achieving net-zero emissions by 2050, the Low Carbon Technology Industry Consortium (LCT-IC) has signed a pivotal Memorandum of Understanding (MOU). Comprising Chevron Singapore Pte Ltd, Keppel, Pan-United Corporation, Surbana Jurong, Air Liquide Singapore, Osaka Gas Singapore, and Pavilion Energy, the consortium focuses on advancing lower carbon technologies, reflecting a united effort in the sustainable energy transition.
Expanding the Scope of Collaboration
The LCT-IC, an extension of a previous MOU signed in July 2020, aims to enhance the development of Carbon Capture, Utilisation and Sequestration (CCUS) and the production, transportation, distribution, and utilization of lower carbon hydrogen and its derivatives at scale. This collaboration signifies an increased commitment to commercializing new lower-carbon technology pathways in Singapore.
Framework for Research and Development
The consortium's approach is underpinned by a comprehensive framework focused on:
Research in Lower Carbon Technology:
• Collaborating with Institutes of Higher Learning (IHLs) and Research Institutes (RIs) to develop projects on lower-carbon energy solutions.
• Involving other industry collaborators as required for broader engagement and innovation.
Technology Translation:
• Partnering with technology scale-up platforms to transition lab-scale research into technology test-beds for industrial-scale application.
Scalable Solutions:
• Establishing industrial solutions to realize lower carbon value chains, including pioneering pre-commercialization demonstration projects.
Engagement and Progress Since 2020
Since the original MOU, the consortium has actively engaged in various partnerships, including:
• Collaborating with the National University of Singapore (NUS) on innovative solutions for rising seawater levels.
• Partnering with NUS and Nanyang Technological University (NTU) on developing novel CO2 capture technologies, a project awarded under the Low Carbon Energy Research (LCER) Grant Call.
Future Directions and Potential Impact
Looking forward, the consortium is set to explore several key areas:
• Carbon Capture and Utilisation:
• Investigating CO2 mineralization for use in the building and construction sector.
• Studying feedstock availability, market demand, and new product qualifications.
• CO2 Sequestration in Concrete:
• Evaluating the potential of CO2 sequestered in concrete to reduce the embodied carbon in buildings and structures.
Leadership Perspectives on the MOU
Mr. Frederick Chew, CEO of A*STAR, and Mr. Law Tat Win, Chevron Singapore Country Chairman, have both emphasized the importance of this collaboration. They highlight the MOU's role in promoting technological advancements, creating scalable and affordable lower carbon value chains, and contributing significantly towards Singapore's net-zero targets.
Conclusion:
The LCT-IC's MOU represents a landmark in Singapore's journey towards a sustainable energy future. By harnessing the collective expertise and resources of its members, the consortium is poised to make significant strides in developing and deploying low-carbon technologies. This collaborative effort not only exemplifies the power of partnerships in driving the energy transition but also sets a model for other nations to follow in the global pursuit of a lower carbon future.
The above analysis is proprietary to Enerdatics’ energy analytics team, based on the current understanding of the available data. The information is subject to change and should not be taken to constitute professional advice or a recommendation.
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