What is the role that PacificLight plays in the Singapore energy scene across both consumer and industrial lines?

In recent years our focus, like many others, has been on environmental stewardship. We were one of the first retailers to offer our customers a solar hybrid scheme under which we install solar panels at our customers’ premises. We are the only power plant in Singapore that has been granted carbon credits by the United Nations Framework Convention on Climate Change (UNFCCC) due to our high operational efficiency.

To date, we have invested over S$5 million on measures and solutions to improve our plant operations and reduce our carbon footprint. Through these initiatives, we have saved more than 8 MW, power that can sustain over 10,000 households. We have also reduced our carbon emissions by 1.5%, which is equivalent to removing 15,000 cars from the roads. We will upgrade our plant next year with the region’s first ever Advanced Turbine Efficiency Package (ATEP). The ATEP will help us to further reduce our annual carbon emissions by over 18,000 t/y.

PacificLight was granted an in-principle import license by the Energy Market Authority (EMA) in October 2021 for a pilot solar importation project of 670 MWp from Bulan Island in Indonesia to Singapore. This project, in partnership with Medco Power and Gallant Venture, will increase the use of renewable energy in Singapore by over 250% from the current level of ~450 MWp and will reduce carbon emissions by over 357,000 t/y. The project will play a significant role in Singapore’s energy transition towards a low carbon future and provide customers with wider access to renewable energy.

PacificLight has been supplying electricity to business customers in Singapore since 2013 and our power plant on Jurong Island produces nearly 10% of Singapore’s electricity need.

How is the rise in raw material prices impacting energy suppliers like PacificLight?

PacificLight has in place long-term supply arrangements with key suppliers and a robust risk management framework to mitigate the effects of fuel market volatility. This has minimized the impact of the recent high oil prices.

Could you elaborate on PacificLight’s Smart Energy and Sustainergy offer?

In 2018, PacificLight launched our Sustainergy program to provide tailor-made energy solutions. These include a digital energy optimiser for effective energy management, solar power, as well as Renewable Energy Certificates (RECs) and carbon credits for commercial and industrial customers who are looking to lower their carbon footprint. We also introduced a “Sunny Side-Up” plan, which was the first retail plan in Singapore to provide customers with a REC verifying that their electricity is from a renewable source and demonstrating their commitment towards becoming carbon neutral and fighting climate change.

With the global shift towards sustainability, Singapore’s energy transition, and the growing demand for renewable energy from consumers, the future of solar power adoption is promising as we forge ahead with various opportunities for large scale solar deployment locally and internationally, such as through the PacificLight Medco Solar Energy pilot project.

What is your strategy for improving sustainability within the business?

Since commencing operations in 2013, PacificLight has consistently demonstrated commitment to our four main sustainability drivers – embracing sustainability as the ethos of our business; through progressive and innovative energy solutions that benefit our consumers; the environment; and the future of the industry.

We are an organisation that thrives on providing long-term efficient energy solutions to consumers. Thus, we are constantly looking for new opportunities to expand our cost competitive and sustainable energy solutions. Since 2019, we have been helping customers incorporate renewable power at their premises through our Sustainergy program. PacificLight is also the first electricity retailer to embrace clean and renewable energy into its product mix by offering a hybrid solution of solar and conventional gas-fired power to our business consumers in Singapore.

Through the adoption of renewable energy and the development of innovative energy solutions, we are committed to meeting our consumers' increasing demands for sustainable energy, and to moving ahead at the forefront of Singapore’s energy transition.

What are your key objectives for 2022? Do you have a final message?

Energy efficiency and sustainability is an ingrained part of PacificLight’s corporate identity and embedded into the company’s culture. We advocate for the need for individuals and businesses to play a part in building a more energy-conscious world.

As we move forward alongside Singapore’s energy transition, PacificLight will continue to be at the forefront of climate positive effort, working with the Singapore government and with our customers to achieve our climate change targets and reduce our carbon emissions.