Accelerating Singapore’s Carbon-Lite Future with The Region’s First Advanced Turbine Efficiency Package (ATEP)
Siemens Energy is one of the world’s leading energy technology companies. The company works with its customers and partners on energy systems for the future, thus supporting the transition to a more sustainable world. With its portfolio of products, solutions and services, Siemens Energy covers almost the entire energy value chain – from power generation and transmission to storage. The portfolio includes conventional and renewable energy technology, such as gas and steam turbines, hybrid power plants operated with hydrogen, and power generators and transformers. More than 50 percent of the portfolio has already been decarbonized. A majority stake in the listed company Siemens Gamesa Renewable Energy (SGRE) makes Siemens Energy a global market leader for renewable energies. An estimated one-sixth of the electricity generated worldwide is based on technologies from Siemens Energy. Siemens Energy employs more than 90,000 people worldwide in more than 90 countries and generated revenue of around €27.5 billion in fiscal year 2020.
PacificLight Power Pte Ltd is a Singapore-based power generation and electricity retail company. The company’s Jurong Island Power Generation Facility is one of the most efficient combined cycle power plants operating in Singapore, enabling it to compete effectively in Singapore’s liberalised local electricity market. The 800MW plant comprises two blocks of Combined Cycle Gas Turbine (“CCGT”) generating units and represents an investment of S$1.2 billion.
PacificLight Power Pte Ltd is owned 70:30 by FPM Power Holdings Ltd and PETRONAS Power Sdn Bhd.