Singapore to add five gas-fired power plants by 2032 and a second LNG terminal at Jurong Port, lifting power capacity 26% as data center demand grows.
(P&GJ) — Singapore will build five new gas-fired power plants to raise its electricity generation capacity by about 26% from roughly 12 gigawatts (GW) early next decade, Tan See Leng, minister for energy, trade and industry, said Monday.
Speaking at the Singapore International Energy Week conference, Tan said the projects are part of the Energy Market Authority’s five-year plan to meet growing demand and strengthen the city-state’s energy resilience. The authority is evaluating proposals for the plants, which are expected to begin operating by 2032, and will issue further requests for proposals over the next five years if demand growth remains strong.
Peak demand reached 8.6 GW as of August 2026 and could rise to between 9.9 GW and 13 GW by 2031, driven by semiconductor manufacturing, data centers and electric vehicles. Natural gas supplies about 95% of Singapore’s electricity.
Singapore will expand its liquefied natural gas (LNG) regasification capacity to 15 MMtpy from 10 MMtpy when a second terminal at Jurong Port begins operating by 2030.
The government expects to invest up to $4.15 billion (S$5.3 billion) in its power grid from 2025 to 2029, including seven new transmission substations by 2031, compared with four in the previous five years.
Subsea surveys began this month for a second power interconnector with Peninsular Malaysia, which would add up to 2 GW of capacity by 2030 alongside the existing 1 GW link.
Singapore also plans to increase energy storage capacity to just over 1 gigawatt-hour by 2030 from about 350 megawatt-hours. Solar capacity stands at 2.3 GWp, with targets of 3 GWp by 2030 and 4 GWp by 2035.