Looming concerns over natural gas supply amidst the Russia-Ukraine conflict and increasing prices highlighted the importance of the shifting to renewable energy sources in Singapore.

“Singapore, being heavily reliant on natural gas or liquefied natural gas (LNG), and the prices have been going on up, and now energy security issues associated with gas that is not immediate, but people are thinking – what if gas doesn't come out of Russia,” said Graeme York, President & CEO, Senoko Energy at the Asian Power Summit.

York said that whilst the clean energy transition will unlikely happen overnight, the energy insecurity has led to more support from the public as they now back plans to move away from fossils fuels.

At present, Singapore is reliant on LNG. It also taps Malaysia and Indonesia for gas supply. Of this, LNG accounts for the biggest share as imports from Indonesia and Malaysia have both been reduced.

Guest post from Asian Power