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Singapore to expand power capacity by 26% in early 2030s

Published

26 October 2026

Topic

technology

◆ Sectors

Climate Tech

◆ Geography

Singapore

◆ Source

Read at reuters.com →

◆ Verified

Fusion42 · 26 October 2026 · Fusion42 review

Singapore plans to increase its electricity generation capacity by around 26% by the early 2030s through five new gas-fired power plants, expanded LNG regasification capacity, additional transmission substations, and enhanced energy storage and solar capacity to meet rising demand driven by sectors like semiconductor manufacturing, data centres, and electric vehicles.

This Wire brief sits within Fusion42's coverage of Climate Tech, and 3 sources have reported it.

◆ ◆ The Wire takeaway

You must plan for rising power demand in Singapore’s tech-heavy sectors as new gas plants and grid upgrades open opportunities. Investors in energy storage, transmission, or clean power will see clear state-driven demand growth this decade.

◆ Coverage

3 sources · 26 Oct 2026

◆ Related on Wire

◆ Topics

Climate Techpower-capacitygas-firedlng-expansionenergy-storagetransmission-upgrade