Latest news with #EMA
See - Sada Elbalad
6 hours ago
- Climate
- See - Sada Elbalad
June 1: Hot Weather Expected for Egypt on Sunday
Rana Atef The Egyptian Meteorological Authority (EMA) predicts hot weather will prevail in most of the country during Sunday's daylight hours. The country will also witness mist on agricultural and highway roads in Cairo, Lower Egypt, Canal Cities, North Coast, and North Upper Egypt. Extremely hot weather is also expected to hit South Upper Egypt. Light rainfall is also predicted to prevail intermittently in the northern coasts, and the north of Lower Egypt. Furthermore, the Mediterranean Sea will experience low to moderate waves, ranging between 1.5 and 2 meters in height, varying between northwest and northeast surface winds. The Red Sea will experience low to moderate waves, ranging between 1 and 1.75 meters in height, with northwest surface winds. Moderate weather is also expected to prevail in most of Egypt at nighttime. The predicted temperatures for the following cities are 31°C in Cairo, 25°C in Alexandria, 23°C in Marsa Matruh, 36°C in Sohag, 37°C in Qena, and 38°C in Aswan. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia News Australia Fines Telegram $600,000 Over Terrorism, Child Abuse Content Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Sports Neymar Announced for Brazil's Preliminary List for 2026 FIFA World Cup Qualifiers News Prime Minister Moustafa Madbouly Inaugurates Two Indian Companies Arts & Culture New Archaeological Discovery from 26th Dynasty Uncovered in Karnak Temple Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies News Flights suspended at Port Sudan Airport after Drone Attacks News Shell Unveils Cost-Cutting, LNG Growth Plan
Business Times
2 days ago
- Business
- Business Times
EMA grants conditional licence to RGE, TotalEnergies' Indonesian solar project to import electricity to Singapore
[SINGAPORE] The Energy Market Authority (EMA) on Friday (May 30) granted a conditional licence to Singa Renewables, a joint venture (JV) between RGE and TotalEnergies, to import 1 gigawatt (GW) of low-carbon electricity from Indonesia to Singapore. This is the sixth electricity import project to be awarded a conditional licence, after EMA in September 2024 raised the low-carbon electricity import target to around 6 GW by 2035, up from the initial target of 4 GW announced in 2021. This is a part of Singapore's strategy to decarbonise the power sector, which currently accounts for about 40 per cent of the country's carbon emissions. Faith Gan, director of energy connections office at EMA, told The Business Times that the government would be open to more electricity imports beyond 6 GW as Singapore's energy demand grows beyond 2035. Presenting the conditional licence to the JV, EMA chief executive Puah Kok Keong said: 'This licence marks another step forward in our efforts to transform the power sector and deepen regional energy cooperation.' While electricity import projects help diversify Singapore's energy supply and reduce carbon emissions, they also bring in investment, create jobs and contribute to the growth of the clean energy sector in partner countries such as Indonesia, he added. Eric Lombard, France's minister of the economy, finance and industry, attended the presentation. This was in conjunction with French President Emmanuel Macron's state visit to Singapore. Dr Tan See Leng, minister-in-charge of energy and science and technology, was also present. A NEWSLETTER FOR YOU Friday, 12.30 pm ESG Insights An exclusive weekly report on the latest environmental, social and governance issues. Sign Up Sign Up Imelda Tanoto, managing director at RGE, said that the conditional licence was a key milestone, affirming its role in advancing the region's decarbonisation goals. Current status of electricity import EMA's Gan noted: 'To date, EMA has granted 3 GW of conditional licences for electricity imports from Indonesia, as well as 4.35 GW of conditional approvals for electricity imports comprising 0.4 GW from Indonesia, 1 GW from Cambodia, 1.2 GW from Vietnam and 1.75 GW from Australia.' She highlighted different operational timelines for the projects. Gan noted that not all projects awarded conditional approvals or conditional licences will be implemented, as the importers make business decisions on whether to proceed with their plans after more detailed analysis. On Friday, Singa Renewables also inked a memorandum of understanding with Singapore Energy Interconnections – a newly incorporated company appointed by the Singapore government – to jointly develop a subsea interconnector to enable electricity imports from Indonesia to Singapore, a step to enhance regional power connectivity. Singa Renewables, which aims to achieve commercial operations from 2029, received conditional approval from EMA in September 2024. 'Since then, the project has made substantive progress, with marine surveys and feasibility studies completed. These are key milestones in demonstrating the project's technical and commercial viability,' according to EMA's release. The conditional licence was granted to Singa Renewables after Singapore-headquartered RGE and France's TotalEnergies on Wednesday signed a co-investment agreement for a solar photovoltaic plant with integrated battery energy storage under Singa Renewables. When the obligations in the conditional licences are fulfilled – which includes securing all necessary financing – EMA may subsequently issue the companies an electricity importer licence to commence construction and commercial operations.
Business Times
2 days ago
- Business
- Business Times
EMA grants conditional licence to RGE, TotalEnergies' Indonesian solar project for electricity import to Singapore
[SINGAPORE] The Energy Market Authority (EMA) on Friday (May 30) granted a conditional licence to Singa Renewables, a joint venture between RGE and TotalEnergies, to import 1 gigawatt (GW) of low-carbon electricity from Indonesia to Singapore. EMA chief executive Puah Kok Keong presented the licence to the joint venture. Eric Lombard, France's minister of the economy, finance and industry, attended the presentation. This was in conjunction with France President Emmanuel Macron's state visit to Singapore. Dr Tan See Leng, minister-in-charge of energy and science and technology, was also present. Imelda Tanoto, managing director at RGE, said the conditional licence was a key milestone, affirming its role in advancing the region's decarbonisation goals. This is the sixth electricity import project to be awarded a conditional licence, after EMA in September 2024 raised the low-carbon electricity import target to around 6 GW by 2035, up from the initial target of 4 GW announced in 2021. This is a part of Singapore's strategy to decarbonise the power sector. When the obligations in the conditional licences are fulfilled – which includes securing all necessary financing – EMA may subsequently issue the companies an electricity importer licence to commence construction and commercial operations. A NEWSLETTER FOR YOU Friday, 12.30 pm ESG Insights An exclusive weekly report on the latest environmental, social and governance issues. Sign Up Sign Up Singa Renewables, which aims to achieve commercial operations from 2029 onwards, received conditional approval from EMA in September 2024. Faith Gan, director of energy connections office at EMA, told The Business Times that the government would be open to more electricity imports beyond 6 GW as Singapore's energy demand grows beyond 2035. 'To date, EMA has granted 3 GW of conditional licences for electricity imports from Indonesia, as well as 4.35 GW of conditional approvals for electricity imports comprising 0.4 GW from Indonesia, 1 GW from Cambodia, 1.2 GW from Vietnam and 1.75 GW from Australia,' she added, highlighting different operational timelines for the projects. Gan noted that not all projects awarded conditional approvals or conditional licences will be implemented, as the importers make business decisions on whether to proceed with their plans, after more detailed analysis. EMA's Puah said: 'This (conditional) licence marks another step forward in our efforts to transform the power sector and deepen regional energy cooperation.' While electricity import projects help diversify Singapore's energy supply and reduce carbon emissions, they also bring in investment, create jobs and contribute to the growth of the clean energy sector in partner countries such as Indonesia, he added. Singapore-headquartered RGE and France's TotalEnergies on Wednesday also signed a co-investment agreement for a solar photovoltaic plant with integrated battery energy storage under Singa Renewables.
Business Times
2 days ago
- Business
- Business Times
Energy Market Authority chairman Richard Lim to step down; ex-perm sec Tan Ching Yee to assume role
[SINGAPORE] Energy Market Authority (EMA) chairman Richard Lim, 71, will step down in September after leading the board for five years. Lim will relinquish his appointment on Sep 30, the Ministry of Trade and Industry (MTI) said on Friday (May 30). He will be succeeded by former permanent secretary of the Prime Minister's Office for special duties Tan Ching Yee, 60. Under Lim's leadership, EMA has undertaken important moves to strengthen Singapore's energy security, MTI said. This includes the set-up of Meranti Power to develop fast-start power generation and the establishment of the Centralised Gas Procurement Framework. MTI said: 'He has also been instrumental in advancing Singapore's energy transition, such as the deployment of solar energy, the pursuit of low-carbon electricity imports from the region, and ongoing studies on the feasibility of other low-carbon technologies such as hydrogen and geothermal energy.' BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up Beh Swan Gin, MTI permanent secretary, expressed his appreciation for Lim's 'invaluable contributions' to the agency, and welcomed Tan to the board. Tan will be appointed as EMA's deputy chairperson from Jun 1 to Sep 30, before assuming the role of chairperson on Oct 1, said MTI. Her appointment in the position will end on Mar 31, 2027. She has served in various appointments in MTI, as well as the Ministries of Education, then-Information, Communication and the Arts, and Health. In 2016, Tan was concurrently appointed as permanent secretary at the Ministry of Finance and Prime Minister's Office for special duties. She also represented Singapore as G20 finance deputy and sherpa for nine years, at international and regional forums. 'In her various leadership roles, she has consistently emphasised people and leadership development, nurturing a culture of excellence and teamwork,' MTI said. Tan retired from the public service on May 1, following a career that began in 1986.
CNA
2 days ago
- Business
- CNA
Energy Market Authority chairman Richard Lim to step down in September
SINGAPORE: Energy Market Authority (EMA) chairman Richard Lim will step down in September after leading the energy authority's board for five years. Mr Lim will relinquish his appointment as chairman on Sep 30, the Ministry of Trade and Industry (MTI) said on Friday (May 30) in a press release. He will be succeeded by Mrs Tan Ching Yee, former Permanent Secretary (Finance). 'Under Mr Lim's leadership, EMA has undertaken important moves to strengthen Singapore's energy security,' said the ministry. These include the set-up of Meranti Power to develop fast-start power generation and the establishment of the centralised gas procurement framework. 'He has also been instrumental in advancing Singapore's energy transition, such as the deployment of solar energy, the pursuit of low-carbon electricity imports from the region and ongoing studies on the feasibility of other low-carbon technologies such as hydrogen and geothermal energy.' Dr Beh Swan Gin, Permanent Secretary at MTI, expressed the ministry's 'deep appreciation' for Mr Lim's contributions. Mr Lim 'has been instrumental in guiding EMA since April 2020 as chairman', he said. 'I am confident that Ching Yee will build on Richard's contributions and steer EMA to new heights.' NEW CHAIRPERSON Mrs Tan, 60, will be appointed EMA's deputy chairperson from Jun 1 to Sep 30, before assuming the role of chairperson from Oct 1, said MTI. Her appointment in the position ends on Mar 31, 2027. Mrs Tan has held various appointments at MTI, the Ministry of Education, the Ministry of Health and the former Ministry of Information, Communications and the Arts. In 2016, she was concurrently appointed as Permanent Secretary (Finance) and Permanent Secretary (Prime Minister's Office) (Special Duties). During the COVID-19 pandemic, she oversaw critical relief measures for families and businesses through the use of reserves, said MTI. She also represented Singapore as G20 Finance Deputy and Sherpa for nine years, advancing Singapore's international interests at global and regional forums. 'In her various leadership roles, she has consistently emphasised people and leadership development," said the ministry, adding that she nurtured a culture of excellence and teamwork. Mrs Tan, who began her career in public service in 1986, retired from the sector on May 1. She was awarded the Public Administration Medal (Gold) in 2008 and the Meritorious Service Medal in 2018.
