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Media Release - Electricity Tariff Revision For The Period 1 July To 30 September 2013https://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/b56514c3-bd10-47a8-b1b9-7a1fa4ffc214/%5B20130628%5D+Media+Release+-+Electricity+Tariff+Revision+For+The+Period+1+July+To+30+September+2013.pdf?MOD=AJPERES&CVID=
28 June 2013 For Immediate Release MEDIA RELEASE ELECTRICITY TARIFF REVISION FOR THE PERIOD 1 JULY TO 30 SEPTEMBER 2013 1. For the period from 1 Jul to 30 Sep 2013, electricity tariffs will decrease by an average of 2.9%. 2. The tariff reduction is due to lower cost of natural gas used for electricity generation, which fell by 5.1% compared to the previous quarter. 3. The electricity tariff for households will decrease by 2.8% in Q3 2013 from 26.70 to 25.95 cents per kWh. The average monthly electricity bill for families living in fourroom HDB flats will decrease by $3.08 (see Appendix 3 for the average decrease for different household types). 4. SP Services reviews the electricity tariffs quarterly based on guidelines set by the Energy Market Authority (EMA), the electricity industry regulator. The latest tariffs given in Appendix 1 have been approved by the EMA. _______________________________________________________________________________________________________ Issued by: SP Services Limited 10 Pasir Panjang Road #03-01 Mapletree Business City Singapore 117438 Co. Reg No : 199504470N www.spservices.com.sg SP Services Ltd 10 Pasir Panjang Road #03-01 Mapletree Business City Singapore 117438 Tel (65) 6378 8888 www.spservices.com.sg Co. Registration No.: 199504470N Appendix 1 REVISION OF ELECTRICITY TARIFFS FROM 1 JULY 2013 SP Services Ltd 10 Pasir Panjang Road #03-01 Mapletree Business City Singapore 117438 Tel (65) 6378 8888 www.spservices.com.sg Co. Registration No.: 199504470N Appendix 2 BREAKDOWN OF ELECTRICITY TARIFF 1. The electricity tariff consists of the following four components: a) Energy cost (paid to the generation companies): This component is adjusted quarterly to reflect changes in the cost of power generation. b) Network cost (paid to SP PowerAssets): This fee is reviewed annually. c) Market Support Services Fee (paid to SP Services): This fee is reviewed annually. d) Market Administration and Power System Operation Fee (paid to Energy Market Company and Power System Operator): This fee is reviewed annually to recover the costs of operating the electricity wholesale market and power system. Q3 2013 TARIFF Energy Costs 20.68¢/kWh Decreased by 0.75 ¢/kWh Generation Companies Network Costs 5.05¢/kWh MSS Fee 0.17¢/kWh Market Admin & PSO Fee 0.05¢/kWh No Change No Change No Change SP PowerAssets SP Services Power System Operator & Energy Market Company SP Services Ltd 10 Pasir Panjang Road #03-01 Mapletree Business City Singapore 117438 Tel (65) 6378 8888 www.spservices.com.sg Co. Registration No.: 199504470N Appendix 3 AVERAGE DECREASE IN MONTHLY ELECTRICITY BILLS OF DOMESTIC CUSTOMERS (TARIFF REVISION WEF 1 JULY 2013) Types of Premises Average monthly consumption per Customer Average Monthly Bill New Average Bill Average Decrease in Monthly Bill kWh $(a) $(b) $(b-a) % HDB 1 Room 132.21 35.30 34.31 0.99 2.8 HDB 2 Room 189.68 50.64 49.22 1.42 2.8 HDB 3 Room 300.43 80.21 77.96 2.25 2.8 HDB 4 Room 410.23 109.53 106.45 3.08 2.8 HDB 5 Room 479.53 128.03 124.44 3.60 2.8 HDB Executive 577.94 154.31 149.97 4.33 2.8 Apartment 710.03 189.58 184.25 5.33 2.8 Terrace 1,016.80 271.48 263.86 7.63 2.8 Semi-Detached 1,313.17 350.62 340.77 9.85 2.8 Bungalow 2,603.84 695.23 675.70 19.53 2.8 SP Services Ltd 10 Pasir Panjang Road #03-01 Mapletree Business City Singapore 117438 Tel (65) 6378 8888 www.spservices.com.sg Co. Registration No.: 199504470N
Electricity Supply Disruption (18 Sep 2018)https://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/4d99b6d9-5c0c-4e57-91cb-4c43a2e5bc77/Media+Statement+-+Electricity+Supply+Disruption.pdf?MOD=AJPERES&CVID=
Media Statement ELECTRICITY SUPPLY DISRUPTION Singapore, 18 September 2018 – Electricity supply to parts of Singapore was disrupted at about 1.18 am today. Supply was fully restored within 38 minutes, by 1.56 am today. (Timing updated) We apologise for the inconvenience caused and thank the public for their patience. About 146,797 residential and commercial customers were affected. Our officers were immediately deployed to the affected areas and our priority was to restore supply as safely and quickly as possible. The areas affected were Boon Lay, Choa Chu Kang, Clementi, Jurong, Pandan Loop, Aljunied, Geylang, Tanjong Rhu, Mountbatten, Kembangan, Bedok, East Coast, Ang Mo Kio, Bishan, Thomson, Mandai, Admiralty, Sembawang and Woodlands. In our preliminary findings, the disruption was due to partial loss of supply from two power generation units. Our investigations are ongoing.
Singapore Power Wins Smart Grid Project Of The Year With Silver Spring Networkshttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/Singapore-Power-Wins-Smart-Grid-Project-Of-The-Year-With-Silver-Spring-Networks
Media Release Singapore Power Wins Smart Grid Project Of The Year With Silver Spring Networks Partners Achieve Flexible Countrywide Deployment of 21st Century Energy Infrastructure Through Silver Spring IPv6 Platform with MicroAP Technology Kuala Lumpur, Malaysia - September 12, 2014 - Singapore Power (SP) won the 'Smart Grid Project of the Year' award at the Asian Power Awards 2014 today, for its programme with Silver Spring Networks, Inc. (NYSE: SSNI) to enable deregulated energy services in Singapore. This was enabled by SP's successful deployment of a smart infrastructure networking platform, with nation-wide coverage, through Silver Spring's IPv6 technology. Since April 2014, SP has successfully begun delivering deregulated energy services to 15,000 commercial and industrial (C&I) customers, in support of the Singapore government's policy to progressively liberalise the retail electricity market. In addition, SP leveraged Silver Spring's MicroAP Technology and a RF mesh canopy network to reach geographically dispersed customers, and maintain 99.5% meter read success rate. This helps SP ensure reliable communications from anywhere, at all times. "The Smart Grid Project of the Year award recognises Singapore Power for delivering reliable and efficient energy services to consumers. Through the deployment of new technology, SP has empowered our customers with more choice and the ability to better manage their energy usage, so as to achieve savings on electricity bills," said Peter Leong, Managing Director, Sp PowerGrid. "Silver Spring Networks is a key partner in the implementation of this country-wide platform. Through such partnerships, Singapore Power can continue to deliver greater value to Singapore consumers." "We congratulate Singapore Power on today's win and are happy to partner with them to deploy world-class infrastructure that helps deliver lower prices and greater choice to their customers," said Eric Dresselhuys, EVP of Global Development and Sales, Silver Spring Networks. "Utilities across Asia can look to Singapore Power as a best practice example for how to deploy smart grid services. Their sophisticated network canopy delivers scalable smart grid and smart city applications to help drive energy efficiency and new services for consumers for years to come." About Singapore Power Singapore Power Group (SP) is a leading energy utility group in the Asia Pacific. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia. More than 1.4 million industrial, commercial and residential customers in Singapore benefit from SP's world-class transmission, distribution and market support services. The networks in Singapore are amongst the most reliable and cost-effective worldwide. For more information, please visit www.singaporepower.com.sg. About Silver Spring Networks Silver Spring Networks is a leading networking platform and solutions provider for smart energy networks. Silver Spring's pioneering IPv6 networking platform, with over 19 million Silver Spring enabled devices delivered, is connecting utilities to homes and business throughout the world with the goal of achieving greater energy efficiency for the planet. Silver Spring's innovative solutions enable utilities to gain operational efficiencies, improve grid reliability, and empower consumers to monitor and manage energy consumption. Silver Spring Networks' customers include major utilities around the globe such as Baltimore Gas & Electric, CitiPower & Powercor, Commonwealth Edison, CP Energy, Florida Power & Light, Jemena Electricity Networks Limited, Pacific Gas & Electric, Pepco Holdings, Progress Energy and Singapore Power, among others. To learn more, please visit www.silverspringnet.com. # # # # Forward-Looking Statements This press release contains forward-looking statements about Silver Spring Networks' expectations, plans, intentions, and strategies, including, but not limited to statements regarding Silver Spring Networks' engagement with Singapore Power, and the benefits of that engagement to SP and its customers. Statements including words such as "anticipate", "believe", "estimate", "expect" or "future" and statements in the future tense are forward- looking statements. These forward-looking statements involve risks and uncertainties, as well as assumptions, which, if they do not fully materialize or prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. The risks and uncertainties include those described in Silver Spring Networks' documents filed with or furnished to the Securities and Exchange Commission. All forward-looking statements in this press release are based on information available to Silver Spring Networks as of the date hereof. Silver Spring Networks assumes no obligation to update these forward-looking statements.
Innovationhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/innovation/sp-unveils-blockchain-powered-renewable-energy-certificates-marketplace
SP Energy HubAnnual ReportReliabilitySustainabilityInnovation SP Unveils Blockchain-Powered Renewable Energy Certificates Marketplace INNOVATION SP Group presented one of the world’s first blockchain powered marketplace platform that will promote the transaction of renewable energy certificates (REC) – tradable certificates of energy generated by renewable sources. The world-wide preview took place in Berlin on 19 April at Event Horizon, a global energy sector blockchain summit. This platform enables companies and individuals to trade RECs in a simple, secure and cost-effective manner. It helps corporates achieve their sustainability goals by ensuring that the electricity they consume comes from renewable sources. The platform will encourage a greater integration of renewable energy sources onto the electricity grid, by enabling “green conscious” homeowners to market their RECs easily and conveniently. — 27 June 2018 TAGS SUSTAINABILITYBLOCKCHAININNOVATION YOU MIGHT BE INTERESTED TO READ SP partners Pyxis to launch direct-current fast charging point for electric harbour crafts Using GET™ to help Mercatus digitally manage their tenant utilities SP Group is partnering Mercatus Co-operative Limited to deploy SP Digital’s Green Energy Tech (GET™) solutions to Mercatus’ properties. Developing the digital core of sustainable energy solutions From coding to designing systems, Ibrahim develops and manages all the central platforms and systems that power the SP Utilities app, commercial solutions, and internal projects for SP.
Category: Innovation
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Search Renewable Energy Certificates | SP Grouphttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/renewable-energy-certificates OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us Renewable Energy Certificates Renewable Energy Certificate (REC) is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-megawatt hour (MWh) of energy produced by renewable sources. RECs can originate from wind, solar, biomass, hydropower, biogas, geothermal, and landfill gas projects. They can be used to validate the consumption of electricity from renewable sources to offset electricity consumption from non-renewable sources. Benefits of RECs: Traceable – each REC comes with a unique serial number that can be used to verify claims and ensure that it is only sold and redeemed once. Supports the renewable energy market by signaling demand for the generation of more renewable energy Encourages the generation of clean energy that produces no greenhouse gas emissions from fossil fuels. How we can assist you Making creditable claims SP Group is an accredited partner of I-REC Standard, an international recognised registry to provide RECs that are traceable to the source of generation. One stop service provider for ASEAN RECs Together with our network of partners, we can provide RECs from Singapore, Malaysia, Vietnam, Thailand, China, Indonesia, and Philippines with a variety of generation technologies. We advise on market boundary requirements from different reporting frameworks such as RE100 and CDP and GHG protocol. Have a business inquiry? Interested to find out more how our integrated services can serve your business needs? Drop us an online enquiry and our qualified professionals will reach out to you. Contact Us Form Our Sustainable Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide SP Group Launches One Of The World's First Blockchain-Powered Trading Of Renewable Energy Certificateshttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/SP-Group-Launches-One-Of-The-World-s-First-Blockchain-Powered-Trading-Of-Renewable-Energy-Certificates Media Release SP Group Launches One Of The World's First Blockchain-Powered Trading Of Renewable Energy Certificates City Developments Limited and DBS Bank on board as first buyers of certificates Enables local and international organisations – regardless of size, business or location - to meet their sustainability targets Singapore, 29 October 2018 - SP Group (SP) launched one of the world’s first blockchain-powered renewable energy certificate (REC) marketplace at the ASEAN Energy Business Forum (AEBF) on Monday, 29 October 2018. In conjunction with the launch, AEBF forum participants saw screenshots of the first purchases by buyers, City Developments Limited (CDL) and DBS Bank (DBS). Designed and built in-house by SP’s team of digital energy experts, this marketplace enables local and international organisations – regardless of size, business or location in the world – to trade in RECs. The unique attributes of blockchain technology will ensure the security, integrity and traceability of each REC transaction. This will drive the greater integration of renewable energy sources on the electricity grid. Launching the marketplace innovation at the opening session of the Forum on Monday 29 October 2018, SP’s Chief Digital Officer, Samuel Tan, said, “Through blockchain technology, we enable companies to trade in renewable energy certificates conveniently, seamlessly and securely, helping them achieve greener business operations and meet their sustainability targets.” The SP REC marketplace supports local, regional and international RECs. It also supports different supply options including types of sellers and renewable energy sources. SP announced that local organisations such as CDL and DBS, who are keen drivers of sustainable solutions, have signed on as REC buyers. Solar developers such as Cleantech Solar Asia and LYS Energy Solutions, with local and regional solar assets, have signed a collaboration with SP to place their solar assets on the marketplace for sale of RECs. Katoen Natie Singapore, a global chemical logistics company who will be launching Singapore’s largest single unit rooftop solar facility at a warehouse, has also come onboard as a REC seller. When companies purchase RECs, they are consuming electricity from renewable sources, sold to them by other companies that produce green energy. With SP’s blockchain-powered marketplace, buyers are automatically matched with sellers, around the globe, according to their preferences. This helps big and small organisations to achieve their green targets and strengthens cross-border sustainability efforts with SP’s international reach. It contributes to Singapore’s low carbon targets, as part of its Paris COP-21 agreement. Annex A Hear from our Partners “As a green advocate for over two decades, CDL has always been committed to embracing technology and solutions that reduce environmental impact. Given that buildings consume 40% of energy globally, increasing the use of solar energy and neutralising our operations’ carbon footprint has been a priority in the way we build and manage our projects. We are glad to support the innovative and timely initiative by SP Group to embrace blockchain technology as a platform to accelerate Singapore’s transition to a low-carbon economy.” Ms Esther An, Chief Sustainability Officer, City Developments Limited “As Southeast Asia’s largest bank, we recognise the leadership role we can play in promoting sustainable development, including supporting innovations in renewable energy. SP Group’s blockchain REC platform will make it more economically effective for organisations and will catalyse the transition towards a low carbon economy. We look forward to many more innovations in renewable energy technologies to achieve a sustainable, affordable, secure and inclusive energy future.” Mr Mike Power, Chief Operating Officer of Technology and Operations, DBS “Cleantech Solar is excited to be onboarded onto one of the world’s first blockchain-powered REC marketplace pioneered by SP Group. By having our 120 solar sites in Asia on board this platform, we can now allow consumers, who are unable to generate their own renewable energy, another reliable solution to achieve their clean energy goals. Cleantech Solar is proud to be a contributor to SP Group’s innovative green solutions and together to work towards a zero carbon future.” Mr Raju Shukla, Executive Chairman, Cleantech Solar Asia “We are very excited to be part of the SP REC marketplace. We are launching a 6.8 MWh Solar Power Facility in Singapore this week. The SP REC marketplace gives Katoen Natie access to a broader ecosystem to drive sustainability.” Mr Koen Cardon, Chief Executive Officer, Katoen Natie Singapore “Pioneering the RECs trading since 2016, LYS Energy has envisioned the potential of blockchain technology as a powerful catalyst of a sustainable and global widespread of renewable energies adoption. Innovation leadership is our company philosophy, we are delighted today to be partnering with SP Group to support this significant milestone, as a world-wide debut of ensuring interoperability towards smart grid success while helping companies to achieve their sustainability targets.” Mr Lionel Steinitz, Chief Executive Officer, LYS Energy Solutions About SP Group SP Group is a leading energy utilities group in the Asia Pacific. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia, and district cooling businesses in Singapore and China. SP Group is committed to providing customers with reliable and efficient energy utilities services. About 1.5 million industrial, commercial and residential customers in Singapore benefit from SP Group’s world-class transmission, distribution and market support services. These networks are amongst the most reliable and cost-effective world-wide. SP Group also drives digital solutions to empower customers to manage their utilities, reduce consumption and save cost. For more information, please visit spgroup.com.sg or for follow us on Facebook at fb.com/SPGroupSG and on Twitter @SPGroupSG Searchhttps://www.spgroup.com.sg/search?tag=renewable-energy-certificates Search Renewable Energy Certificates | SP Grouphttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/renewable-energy-certificates OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us Renewable Energy Certificates Renewable Energy Certificate (REC) is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-megawatt hour (MWh) of energy produced by renewable sources. RECs can originate from wind, solar, biomass, hydropower, biogas, geothermal, and landfill gas projects. They can be used to validate the consumption of electricity from renewable sources to offset electricity consumption from non-renewable sources. Benefits of RECs: Traceable – each REC comes with a unique serial number that can be used to verify claims and ensure that it is only sold and redeemed once. Supports the renewable energy market by signaling demand for the generation of more renewable energy Encourages the generation of clean energy that produces no greenhouse gas emissions from fossil fuels. How we can assist you Making creditable claims SP Group is an accredited partner of I-REC Standard, an international recognised registry to provide RECs that are traceable to the source of generation. One stop service provider for ASEAN RECs Together with our network of partners, we can provide RECs from Singapore, Malaysia, Vietnam, Thailand, China, Indonesia, and Philippines with a variety of generation technologies. We advise on market boundary requirements from different reporting frameworks such as RE100 and CDP and GHG protocol. Have a business inquiry? Interested to find out more how our integrated services can serve your business needs? Drop us an online enquiry and our qualified professionals will reach out to you. Contact Us Form Our Sustainable Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=renewable-energy-certificates Search Renewable Energy Certificates | SP Grouphttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/renewable-energy-certificates OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us Renewable Energy Certificates Renewable Energy Certificate (REC) is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-megawatt hour (MWh) of energy produced by renewable sources. RECs can originate from wind, solar, biomass, hydropower, biogas, geothermal, and landfill gas projects. They can be used to validate the consumption of electricity from renewable sources to offset electricity consumption from non-renewable sources. Benefits of RECs: Traceable – each REC comes with a unique serial number that can be used to verify claims and ensure that it is only sold and redeemed once. Supports the renewable energy market by signaling demand for the generation of more renewable energy Encourages the generation of clean energy that produces no greenhouse gas emissions from fossil fuels. How we can assist you Making creditable claims SP Group is an accredited partner of I-REC Standard, an international recognised registry to provide RECs that are traceable to the source of generation. One stop service provider for ASEAN RECs Together with our network of partners, we can provide RECs from Singapore, Malaysia, Vietnam, Thailand, China, Indonesia, and Philippines with a variety of generation technologies. We advise on market boundary requirements from different reporting frameworks such as RE100 and CDP and GHG protocol. Have a business inquiry? Interested to find out more how our integrated services can serve your business needs? Drop us an online enquiry and our qualified professionals will reach out to you. Contact Us Form Our Sustainable Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide SP Group Launches One Of The World's First Blockchain-Powered Trading Of Renewable Energy Certificateshttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/SP-Group-Launches-One-Of-The-World-s-First-Blockchain-Powered-Trading-Of-Renewable-Energy-Certificates Media Release SP Group Launches One Of The World's First Blockchain-Powered Trading Of Renewable Energy Certificates City Developments Limited and DBS Bank on board as first buyers of certificates Enables local and international organisations – regardless of size, business or location - to meet their sustainability targets Singapore, 29 October 2018 - SP Group (SP) launched one of the world’s first blockchain-powered renewable energy certificate (REC) marketplace at the ASEAN Energy Business Forum (AEBF) on Monday, 29 October 2018. In conjunction with the launch, AEBF forum participants saw screenshots of the first purchases by buyers, City Developments Limited (CDL) and DBS Bank (DBS). Designed and built in-house by SP’s team of digital energy experts, this marketplace enables local and international organisations – regardless of size, business or location in the world – to trade in RECs. The unique attributes of blockchain technology will ensure the security, integrity and traceability of each REC transaction. This will drive the greater integration of renewable energy sources on the electricity grid. Launching the marketplace innovation at the opening session of the Forum on Monday 29 October 2018, SP’s Chief Digital Officer, Samuel Tan, said, “Through blockchain technology, we enable companies to trade in renewable energy certificates conveniently, seamlessly and securely, helping them achieve greener business operations and meet their sustainability targets.” The SP REC marketplace supports local, regional and international RECs. It also supports different supply options including types of sellers and renewable energy sources. SP announced that local organisations such as CDL and DBS, who are keen drivers of sustainable solutions, have signed on as REC buyers. Solar developers such as Cleantech Solar Asia and LYS Energy Solutions, with local and regional solar assets, have signed a collaboration with SP to place their solar assets on the marketplace for sale of RECs. Katoen Natie Singapore, a global chemical logistics company who will be launching Singapore’s largest single unit rooftop solar facility at a warehouse, has also come onboard as a REC seller. When companies purchase RECs, they are consuming electricity from renewable sources, sold to them by other companies that produce green energy. With SP’s blockchain-powered marketplace, buyers are automatically matched with sellers, around the globe, according to their preferences. This helps big and small organisations to achieve their green targets and strengthens cross-border sustainability efforts with SP’s international reach. It contributes to Singapore’s low carbon targets, as part of its Paris COP-21 agreement. Annex A Hear from our Partners “As a green advocate for over two decades, CDL has always been committed to embracing technology and solutions that reduce environmental impact. Given that buildings consume 40% of energy globally, increasing the use of solar energy and neutralising our operations’ carbon footprint has been a priority in the way we build and manage our projects. We are glad to support the innovative and timely initiative by SP Group to embrace blockchain technology as a platform to accelerate Singapore’s transition to a low-carbon economy.” Ms Esther An, Chief Sustainability Officer, City Developments Limited “As Southeast Asia’s largest bank, we recognise the leadership role we can play in promoting sustainable development, including supporting innovations in renewable energy. SP Group’s blockchain REC platform will make it more economically effective for organisations and will catalyse the transition towards a low carbon economy. We look forward to many more innovations in renewable energy technologies to achieve a sustainable, affordable, secure and inclusive energy future.” Mr Mike Power, Chief Operating Officer of Technology and Operations, DBS “Cleantech Solar is excited to be onboarded onto one of the world’s first blockchain-powered REC marketplace pioneered by SP Group. By having our 120 solar sites in Asia on board this platform, we can now allow consumers, who are unable to generate their own renewable energy, another reliable solution to achieve their clean energy goals. Cleantech Solar is proud to be a contributor to SP Group’s innovative green solutions and together to work towards a zero carbon future.” Mr Raju Shukla, Executive Chairman, Cleantech Solar Asia “We are very excited to be part of the SP REC marketplace. We are launching a 6.8 MWh Solar Power Facility in Singapore this week. The SP REC marketplace gives Katoen Natie access to a broader ecosystem to drive sustainability.” Mr Koen Cardon, Chief Executive Officer, Katoen Natie Singapore “Pioneering the RECs trading since 2016, LYS Energy has envisioned the potential of blockchain technology as a powerful catalyst of a sustainable and global widespread of renewable energies adoption. Innovation leadership is our company philosophy, we are delighted today to be partnering with SP Group to support this significant milestone, as a world-wide debut of ensuring interoperability towards smart grid success while helping companies to achieve their sustainability targets.” Mr Lionel Steinitz, Chief Executive Officer, LYS Energy Solutions About SP Group SP Group is a leading energy utilities group in the Asia Pacific. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia, and district cooling businesses in Singapore and China. SP Group is committed to providing customers with reliable and efficient energy utilities services. About 1.5 million industrial, commercial and residential customers in Singapore benefit from SP Group’s world-class transmission, distribution and market support services. These networks are amongst the most reliable and cost-effective world-wide. SP Group also drives digital solutions to empower customers to manage their utilities, reduce consumption and save cost. For more information, please visit spgroup.com.sg or for follow us on Facebook at fb.com/SPGroupSG and on Twitter @SPGroupSG [20181029] SP Group launches one of the world's first blockchain-powered trading of renewable energy certificates https://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/e3854238-5db1-4f42-8e3d-3f7fcfa74e32/%5B20181029%5D+Media+Release+-SP+Group+launches+one+of+the+world's+first+blockchain-powered+trading+of+renewable+energy+certificates.pdf?MOD=AJPERES&CVID= News Release SP GROUP LAUNCHES ONE OF THE WORLD’S FIRST BLOCKCHAIN-POWERED TRADING OF RENEWABLE ENERGY CERTIFICATES • City Developments Limited and DBS Bank on board as first buyers of certificates • Enables local and international organisations – regardless of size, business or location - to meet their sustainability targets Singapore, 29 October 2018 - SP Group (SP) launched one of the world’s first blockchain-powered renewable energy certificate (REC) marketplace at the ASEAN Energy Business Forum (AEBF) on Monday, 29 October 2018. In conjunction with the launch, AEBF forum participants saw screenshots of the first purchases by buyers, City Developments Limited (CDL) and DBS Bank (DBS). Designed and built in-house by SP’s team of digital energy experts, this marketplace enables local and international organisations – regardless of size, business or location in the world – to trade in RECs. The unique attributes of blockchain technology will ensure the security, integrity and traceability of each REC transaction. This will drive the greater integration of renewable energy sources on the electricity grid. Launching the marketplace innovation at the opening session of the Forum on Monday 29 October 2018, SP’s Chief Digital Officer, Samuel Tan, said, “Through blockchain technology, we enable companies to trade in renewable energy certificates conveniently, seamlessly and securely, helping them achieve greener business operations and meet their sustainability targets.” The SP REC marketplace supports local, regional and international RECs. It also supports different supply options including types of sellers and renewable energy sources. SP announced that local organisations such as CDL and DBS, who are keen drivers of sustainable solutions, have signed on as REC buyers. Solar developers such as Cleantech Solar Asia and LYS Energy Solutions, with local and regional solar assets, have signed a collaboration with SP to place their solar assets on the marketplace for sale of RECs. Katoen Natie Singapore, a global chemical logistics company who will be launching Singapore’s largest single unit rooftop solar facility at a warehouse, has also come onboard as a REC seller. When companies purchase RECs, they are consuming electricity from renewable sources, sold to them by other companies that produce green energy. With SP’s blockchain-powered marketplace, buyers are automatically matched with sellers, around the globe, according to their preferences. This helps big and small organisations to achieve their green targets and strengthens cross-border sustainability efforts with SP’s international reach. It contributes to Singapore’s low carbon targets, as part of its Paris COP-21 agreement. Annex A Hear from our Partners “As a green advocate for over two decades, CDL has always been committed to embracing technology and solutions that reduce environmental impact. Given that buildings consume 40% of energy globally, increasing the use of solar energy and neutralising our operations’ carbon footprint has been a priority in the way we build and manage our projects. We are glad to support the innovative and timely initiative by SP Group to embrace blockchain technology as a platform to accelerate Singapore’s transition to a low-carbon economy.” Ms Esther An, Chief Sustainability Officer, City Developments Limited “As Southeast Asia’s largest bank, we recognise the leadership role we can play in promoting sustainable development, including supporting innovations in renewable energy. SP Group’s blockchain REC platform will make it more economically effective for organisations and will catalyse the transition towards a low carbon economy. We look forward to many more innovations in renewable energy technologies to achieve a sustainable, affordable, secure and inclusive energy future.” Mr Mike Power, Chief Operating Officer of Technology and Operations, DBS “Cleantech Solar is excited to be onboarded onto one of the world’s first blockchain-powered REC marketplace pioneered by SP Group. By having our 120 solar sites in Asia on board this platform, we can now allow consumers, who are unable to generate their own renewable energy, another reliable solution to achieve their clean energy goals. Cleantech Solar is proud to be a contributor to SP Group’s innovative green solutions and together to work towards a zero carbon future.” Mr Raju Shukla, Executive Chairman, Cleantech Solar Asia “We are very excited to be part of the SP REC marketplace. We are launching a 6.8 MWh Solar Power Facility in Singapore this week. The SP REC marketplace gives Katoen Natie access to a broader ecosystem to drive sustainability.” Mr Koen Cardon, Chief Executive Officer, Katoen Natie Singapore “Pioneering the RECs trading since 2016, LYS Energy has envisioned the potential of blockchain technology as a powerful catalyst of a sustainable and global widespread of renewable energies adoption. Innovation leadership is our company philosophy, we are delighted today to be partnering with SP Group to support this significant milestone, as a world-wide debut of ensuring interoperability towards smart grid success while helping companies to achieve their sustainability targets.” Mr Lionel Steinitz, Chief Executive Officer, LYS Energy Solutions 2 Annex A About SP Group SP Group is a leading energy utilities group in the Asia Pacific. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia, and district cooling businesses in Singapore and China. SP Group is committed to providing customers with reliable and efficient energy utilities services. About 1.5 million industrial, commercial and residential customers in Singapore benefit from SP Group’s world-class transmission, distribution and market support services. These networks are amongst the most reliable and cost-effective world-wide. SP Group also drives digital solutions to empower customers to manage their utilities, reduce consumption and save cost. For more information, please visit spgroup.com.sg or for follow us on Facebook at fb.com/SPGroupSG and on Twitter @SPGroupSG 3 Searchhttps://www.spgroup.com.sg/search?tag=renewable-energy-certificates Search Renewable Energy Certificates | SP Grouphttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/renewable-energy-certificates OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us Renewable Energy Certificates Renewable Energy Certificate (REC) is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-megawatt hour (MWh) of energy produced by renewable sources. RECs can originate from wind, solar, biomass, hydropower, biogas, geothermal, and landfill gas projects. They can be used to validate the consumption of electricity from renewable sources to offset electricity consumption from non-renewable sources. Benefits of RECs: Traceable – each REC comes with a unique serial number that can be used to verify claims and ensure that it is only sold and redeemed once. Supports the renewable energy market by signaling demand for the generation of more renewable energy Encourages the generation of clean energy that produces no greenhouse gas emissions from fossil fuels. How we can assist you Making creditable claims SP Group is an accredited partner of I-REC Standard, an international recognised registry to provide RECs that are traceable to the source of generation. One stop service provider for ASEAN RECs Together with our network of partners, we can provide RECs from Singapore, Malaysia, Vietnam, Thailand, China, Indonesia, and Philippines with a variety of generation technologies. We advise on market boundary requirements from different reporting frameworks such as RE100 and CDP and GHG protocol. Have a business inquiry? Interested to find out more how our integrated services can serve your business needs? Drop us an online enquiry and our qualified professionals will reach out to you. Contact Us Form Our Sustainable Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=renewable-energy-certificates Search Renewable Energy Certificates | SP Grouphttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/renewable-energy-certificates OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us Renewable Energy Certificates Renewable Energy Certificate (REC) is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-megawatt hour (MWh) of energy produced by renewable sources. RECs can originate from wind, solar, biomass, hydropower, biogas, geothermal, and landfill gas projects. They can be used to validate the consumption of electricity from renewable sources to offset electricity consumption from non-renewable sources. Benefits of RECs: Traceable – each REC comes with a unique serial number that can be used to verify claims and ensure that it is only sold and redeemed once. Supports the renewable energy market by signaling demand for the generation of more renewable energy Encourages the generation of clean energy that produces no greenhouse gas emissions from fossil fuels. How we can assist you Making creditable claims SP Group is an accredited partner of I-REC Standard, an international recognised registry to provide RECs that are traceable to the source of generation. One stop service provider for ASEAN RECs Together with our network of partners, we can provide RECs from Singapore, Malaysia, Vietnam, Thailand, China, Indonesia, and Philippines with a variety of generation technologies. We advise on market boundary requirements from different reporting frameworks such as RE100 and CDP and GHG protocol. Have a business inquiry? Interested to find out more how our integrated services can serve your business needs? Drop us an online enquiry and our qualified professionals will reach out to you. Contact Us Form Our Sustainable Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=renewable-energy-certificates Search Renewable Energy Certificates | SP Grouphttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/renewable-energy-certificates OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us Renewable Energy Certificates Renewable Energy Certificate (REC) is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-megawatt hour (MWh) of energy produced by renewable sources. RECs can originate from wind, solar, biomass, hydropower, biogas, geothermal, and landfill gas projects. They can be used to validate the consumption of electricity from renewable sources to offset electricity consumption from non-renewable sources. Benefits of RECs: Traceable – each REC comes with a unique serial number that can be used to verify claims and ensure that it is only sold and redeemed once. Supports the renewable energy market by signaling demand for the generation of more renewable energy Encourages the generation of clean energy that produces no greenhouse gas emissions from fossil fuels. How we can assist you Making creditable claims SP Group is an accredited partner of I-REC Standard, an international recognised registry to provide RECs that are traceable to the source of generation. One stop service provider for ASEAN RECs Together with our network of partners, we can provide RECs from Singapore, Malaysia, Vietnam, Thailand, China, Indonesia, and Philippines with a variety of generation technologies. We advise on market boundary requirements from different reporting frameworks such as RE100 and CDP and GHG protocol. Have a business inquiry? Interested to find out more how our integrated services can serve your business needs? Drop us an online enquiry and our qualified professionals will reach out to you. Contact Us Form Our Sustainable Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide SP Group Launches One Of The World's First Blockchain-Powered Trading Of Renewable Energy Certificateshttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/SP-Group-Launches-One-Of-The-World-s-First-Blockchain-Powered-Trading-Of-Renewable-Energy-Certificates Media Release SP Group Launches One Of The World's First Blockchain-Powered Trading Of Renewable Energy Certificates City Developments Limited and DBS Bank on board as first buyers of certificates Enables local and international organisations – regardless of size, business or location - to meet their sustainability targets Singapore, 29 October 2018 - SP Group (SP) launched one of the world’s first blockchain-powered renewable energy certificate (REC) marketplace at the ASEAN Energy Business Forum (AEBF) on Monday, 29 October 2018. In conjunction with the launch, AEBF forum participants saw screenshots of the first purchases by buyers, City Developments Limited (CDL) and DBS Bank (DBS). Designed and built in-house by SP’s team of digital energy experts, this marketplace enables local and international organisations – regardless of size, business or location in the world – to trade in RECs. The unique attributes of blockchain technology will ensure the security, integrity and traceability of each REC transaction. This will drive the greater integration of renewable energy sources on the electricity grid. Launching the marketplace innovation at the opening session of the Forum on Monday 29 October 2018, SP’s Chief Digital Officer, Samuel Tan, said, “Through blockchain technology, we enable companies to trade in renewable energy certificates conveniently, seamlessly and securely, helping them achieve greener business operations and meet their sustainability targets.” The SP REC marketplace supports local, regional and international RECs. It also supports different supply options including types of sellers and renewable energy sources. SP announced that local organisations such as CDL and DBS, who are keen drivers of sustainable solutions, have signed on as REC buyers. Solar developers such as Cleantech Solar Asia and LYS Energy Solutions, with local and regional solar assets, have signed a collaboration with SP to place their solar assets on the marketplace for sale of RECs. Katoen Natie Singapore, a global chemical logistics company who will be launching Singapore’s largest single unit rooftop solar facility at a warehouse, has also come onboard as a REC seller. When companies purchase RECs, they are consuming electricity from renewable sources, sold to them by other companies that produce green energy. With SP’s blockchain-powered marketplace, buyers are automatically matched with sellers, around the globe, according to their preferences. This helps big and small organisations to achieve their green targets and strengthens cross-border sustainability efforts with SP’s international reach. It contributes to Singapore’s low carbon targets, as part of its Paris COP-21 agreement. Annex A Hear from our Partners “As a green advocate for over two decades, CDL has always been committed to embracing technology and solutions that reduce environmental impact. Given that buildings consume 40% of energy globally, increasing the use of solar energy and neutralising our operations’ carbon footprint has been a priority in the way we build and manage our projects. We are glad to support the innovative and timely initiative by SP Group to embrace blockchain technology as a platform to accelerate Singapore’s transition to a low-carbon economy.” Ms Esther An, Chief Sustainability Officer, City Developments Limited “As Southeast Asia’s largest bank, we recognise the leadership role we can play in promoting sustainable development, including supporting innovations in renewable energy. SP Group’s blockchain REC platform will make it more economically effective for organisations and will catalyse the transition towards a low carbon economy. We look forward to many more innovations in renewable energy technologies to achieve a sustainable, affordable, secure and inclusive energy future.” Mr Mike Power, Chief Operating Officer of Technology and Operations, DBS “Cleantech Solar is excited to be onboarded onto one of the world’s first blockchain-powered REC marketplace pioneered by SP Group. By having our 120 solar sites in Asia on board this platform, we can now allow consumers, who are unable to generate their own renewable energy, another reliable solution to achieve their clean energy goals. Cleantech Solar is proud to be a contributor to SP Group’s innovative green solutions and together to work towards a zero carbon future.” Mr Raju Shukla, Executive Chairman, Cleantech Solar Asia “We are very excited to be part of the SP REC marketplace. We are launching a 6.8 MWh Solar Power Facility in Singapore this week. The SP REC marketplace gives Katoen Natie access to a broader ecosystem to drive sustainability.” Mr Koen Cardon, Chief Executive Officer, Katoen Natie Singapore “Pioneering the RECs trading since 2016, LYS Energy has envisioned the potential of blockchain technology as a powerful catalyst of a sustainable and global widespread of renewable energies adoption. Innovation leadership is our company philosophy, we are delighted today to be partnering with SP Group to support this significant milestone, as a world-wide debut of ensuring interoperability towards smart grid success while helping companies to achieve their sustainability targets.” Mr Lionel Steinitz, Chief Executive Officer, LYS Energy Solutions About SP Group SP Group is a leading energy utilities group in the Asia Pacific. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia, and district cooling businesses in Singapore and China. SP Group is committed to providing customers with reliable and efficient energy utilities services. About 1.5 million industrial, commercial and residential customers in Singapore benefit from SP Group’s world-class transmission, distribution and market support services. These networks are amongst the most reliable and cost-effective world-wide. SP Group also drives digital solutions to empower customers to manage their utilities, reduce consumption and save cost. For more information, please visit spgroup.com.sg or for follow us on Facebook at fb.com/SPGroupSG and on Twitter @SPGroupSG Searchhttps://www.spgroup.com.sg/search?tag=renewable-energy-certificates Search Renewable Energy Certificates | SP Grouphttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/renewable-energy-certificates OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us Renewable Energy Certificates Renewable Energy Certificate (REC) is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-megawatt hour (MWh) of energy produced by renewable sources. RECs can originate from wind, solar, biomass, hydropower, biogas, geothermal, and landfill gas projects. They can be used to validate the consumption of electricity from renewable sources to offset electricity consumption from non-renewable sources. Benefits of RECs: Traceable – each REC comes with a unique serial number that can be used to verify claims and ensure that it is only sold and redeemed once. Supports the renewable energy market by signaling demand for the generation of more renewable energy Encourages the generation of clean energy that produces no greenhouse gas emissions from fossil fuels. How we can assist you Making creditable claims SP Group is an accredited partner of I-REC Standard, an international recognised registry to provide RECs that are traceable to the source of generation. One stop service provider for ASEAN RECs Together with our network of partners, we can provide RECs from Singapore, Malaysia, Vietnam, Thailand, China, Indonesia, and Philippines with a variety of generation technologies. We advise on market boundary requirements from different reporting frameworks such as RE100 and CDP and GHG protocol. Have a business inquiry? Interested to find out more how our integrated services can serve your business needs? Drop us an online enquiry and our qualified professionals will reach out to you. Contact Us Form Our Sustainable Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=renewable-energy-certificates Search Renewable Energy Certificates | SP Grouphttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/renewable-energy-certificates OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us Renewable Energy Certificates Renewable Energy Certificate (REC) is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-megawatt hour (MWh) of energy produced by renewable sources. RECs can originate from wind, solar, biomass, hydropower, biogas, geothermal, and landfill gas projects. They can be used to validate the consumption of electricity from renewable sources to offset electricity consumption from non-renewable sources. Benefits of RECs: Traceable – each REC comes with a unique serial number that can be used to verify claims and ensure that it is only sold and redeemed once. Supports the renewable energy market by signaling demand for the generation of more renewable energy Encourages the generation of clean energy that produces no greenhouse gas emissions from fossil fuels. How we can assist you Making creditable claims SP Group is an accredited partner of I-REC Standard, an international recognised registry to provide RECs that are traceable to the source of generation. One stop service provider for ASEAN RECs Together with our network of partners, we can provide RECs from Singapore, Malaysia, Vietnam, Thailand, China, Indonesia, and Philippines with a variety of generation technologies. We advise on market boundary requirements from different reporting frameworks such as RE100 and CDP and GHG protocol. Have a business inquiry? Interested to find out more how our integrated services can serve your business needs? Drop us an online enquiry and our qualified professionals will reach out to you. Contact Us Form Our Sustainable Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=renewable-energy-certificates Search Renewable Energy Certificates | SP Grouphttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/renewable-energy-certificates OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us Renewable Energy Certificates Renewable Energy Certificate (REC) is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-megawatt hour (MWh) of energy produced by renewable sources. RECs can originate from wind, solar, biomass, hydropower, biogas, geothermal, and landfill gas projects. They can be used to validate the consumption of electricity from renewable sources to offset electricity consumption from non-renewable sources. Benefits of RECs: Traceable – each REC comes with a unique serial number that can be used to verify claims and ensure that it is only sold and redeemed once. Supports the renewable energy market by signaling demand for the generation of more renewable energy Encourages the generation of clean energy that produces no greenhouse gas emissions from fossil fuels. How we can assist you Making creditable claims SP Group is an accredited partner of I-REC Standard, an international recognised registry to provide RECs that are traceable to the source of generation. One stop service provider for ASEAN RECs Together with our network of partners, we can provide RECs from Singapore, Malaysia, Vietnam, Thailand, China, Indonesia, and Philippines with a variety of generation technologies. We advise on market boundary requirements from different reporting frameworks such as RE100 and CDP and GHG protocol. Have a business inquiry? Interested to find out more how our integrated services can serve your business needs? Drop us an online enquiry and our qualified professionals will reach out to you. Contact Us Form Our Sustainable Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=renewable-energy-certificates Search Renewable Energy Certificates | SP Grouphttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/renewable-energy-certificates OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us Renewable Energy Certificates Renewable Energy Certificate (REC) is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-megawatt hour (MWh) of energy produced by renewable sources. RECs can originate from wind, solar, biomass, hydropower, biogas, geothermal, and landfill gas projects. They can be used to validate the consumption of electricity from renewable sources to offset electricity consumption from non-renewable sources. Benefits of RECs: Traceable – each REC comes with a unique serial number that can be used to verify claims and ensure that it is only sold and redeemed once. Supports the renewable energy market by signaling demand for the generation of more renewable energy Encourages the generation of clean energy that produces no greenhouse gas emissions from fossil fuels. How we can assist you Making creditable claims SP Group is an accredited partner of I-REC Standard, an international recognised registry to provide RECs that are traceable to the source of generation. One stop service provider for ASEAN RECs Together with our network of partners, we can provide RECs from Singapore, Malaysia, Vietnam, Thailand, China, Indonesia, and Philippines with a variety of generation technologies. We advise on market boundary requirements from different reporting frameworks such as RE100 and CDP and GHG protocol. Have a business inquiry? Interested to find out more how our integrated services can serve your business needs? Drop us an online enquiry and our qualified professionals will reach out to you. Contact Us Form Our Sustainable Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=renewable-energy-certificates Search Renewable Energy Certificates | SP Grouphttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/renewable-energy-certificates OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us Renewable Energy Certificates Renewable Energy Certificate (REC) is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-megawatt hour (MWh) of energy produced by renewable sources. RECs can originate from wind, solar, biomass, hydropower, biogas, geothermal, and landfill gas projects. They can be used to validate the consumption of electricity from renewable sources to offset electricity consumption from non-renewable sources. Benefits of RECs: Traceable – each REC comes with a unique serial number that can be used to verify claims and ensure that it is only sold and redeemed once. Supports the renewable energy market by signaling demand for the generation of more renewable energy Encourages the generation of clean energy that produces no greenhouse gas emissions from fossil fuels. How we can assist you Making creditable claims SP Group is an accredited partner of I-REC Standard, an international recognised registry to provide RECs that are traceable to the source of generation. One stop service provider for ASEAN RECs Together with our network of partners, we can provide RECs from Singapore, Malaysia, Vietnam, Thailand, China, Indonesia, and Philippines with a variety of generation technologies. We advise on market boundary requirements from different reporting frameworks such as RE100 and CDP and GHG protocol. Have a business inquiry? Interested to find out more how our integrated services can serve your business needs? Drop us an online enquiry and our qualified professionals will reach out to you. Contact Us Form Our Sustainable Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide SP Group Launches One Of The World's First Blockchain-Powered Trading Of Renewable Energy Certificateshttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/SP-Group-Launches-One-Of-The-World-s-First-Blockchain-Powered-Trading-Of-Renewable-Energy-Certificates Media Release SP Group Launches One Of The World's First Blockchain-Powered Trading Of Renewable Energy Certificates City Developments Limited and DBS Bank on board as first buyers of certificates Enables local and international organisations – regardless of size, business or location - to meet their sustainability targets Singapore, 29 October 2018 - SP Group (SP) launched one of the world’s first blockchain-powered renewable energy certificate (REC) marketplace at the ASEAN Energy Business Forum (AEBF) on Monday, 29 October 2018. In conjunction with the launch, AEBF forum participants saw screenshots of the first purchases by buyers, City Developments Limited (CDL) and DBS Bank (DBS). Designed and built in-house by SP’s team of digital energy experts, this marketplace enables local and international organisations – regardless of size, business or location in the world – to trade in RECs. The unique attributes of blockchain technology will ensure the security, integrity and traceability of each REC transaction. This will drive the greater integration of renewable energy sources on the electricity grid. Launching the marketplace innovation at the opening session of the Forum on Monday 29 October 2018, SP’s Chief Digital Officer, Samuel Tan, said, “Through blockchain technology, we enable companies to trade in renewable energy certificates conveniently, seamlessly and securely, helping them achieve greener business operations and meet their sustainability targets.” The SP REC marketplace supports local, regional and international RECs. It also supports different supply options including types of sellers and renewable energy sources. SP announced that local organisations such as CDL and DBS, who are keen drivers of sustainable solutions, have signed on as REC buyers. Solar developers such as Cleantech Solar Asia and LYS Energy Solutions, with local and regional solar assets, have signed a collaboration with SP to place their solar assets on the marketplace for sale of RECs. Katoen Natie Singapore, a global chemical logistics company who will be launching Singapore’s largest single unit rooftop solar facility at a warehouse, has also come onboard as a REC seller. When companies purchase RECs, they are consuming electricity from renewable sources, sold to them by other companies that produce green energy. With SP’s blockchain-powered marketplace, buyers are automatically matched with sellers, around the globe, according to their preferences. This helps big and small organisations to achieve their green targets and strengthens cross-border sustainability efforts with SP’s international reach. It contributes to Singapore’s low carbon targets, as part of its Paris COP-21 agreement. Annex A Hear from our Partners “As a green advocate for over two decades, CDL has always been committed to embracing technology and solutions that reduce environmental impact. Given that buildings consume 40% of energy globally, increasing the use of solar energy and neutralising our operations’ carbon footprint has been a priority in the way we build and manage our projects. We are glad to support the innovative and timely initiative by SP Group to embrace blockchain technology as a platform to accelerate Singapore’s transition to a low-carbon economy.” Ms Esther An, Chief Sustainability Officer, City Developments Limited “As Southeast Asia’s largest bank, we recognise the leadership role we can play in promoting sustainable development, including supporting innovations in renewable energy. SP Group’s blockchain REC platform will make it more economically effective for organisations and will catalyse the transition towards a low carbon economy. We look forward to many more innovations in renewable energy technologies to achieve a sustainable, affordable, secure and inclusive energy future.” Mr Mike Power, Chief Operating Officer of Technology and Operations, DBS “Cleantech Solar is excited to be onboarded onto one of the world’s first blockchain-powered REC marketplace pioneered by SP Group. By having our 120 solar sites in Asia on board this platform, we can now allow consumers, who are unable to generate their own renewable energy, another reliable solution to achieve their clean energy goals. Cleantech Solar is proud to be a contributor to SP Group’s innovative green solutions and together to work towards a zero carbon future.” Mr Raju Shukla, Executive Chairman, Cleantech Solar Asia “We are very excited to be part of the SP REC marketplace. We are launching a 6.8 MWh Solar Power Facility in Singapore this week. The SP REC marketplace gives Katoen Natie access to a broader ecosystem to drive sustainability.” Mr Koen Cardon, Chief Executive Officer, Katoen Natie Singapore “Pioneering the RECs trading since 2016, LYS Energy has envisioned the potential of blockchain technology as a powerful catalyst of a sustainable and global widespread of renewable energies adoption. Innovation leadership is our company philosophy, we are delighted today to be partnering with SP Group to support this significant milestone, as a world-wide debut of ensuring interoperability towards smart grid success while helping companies to achieve their sustainability targets.” Mr Lionel Steinitz, Chief Executive Officer, LYS Energy Solutions About SP Group SP Group is a leading energy utilities group in the Asia Pacific. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia, and district cooling businesses in Singapore and China. SP Group is committed to providing customers with reliable and efficient energy utilities services. About 1.5 million industrial, commercial and residential customers in Singapore benefit from SP Group’s world-class transmission, distribution and market support services. These networks are amongst the most reliable and cost-effective world-wide. SP Group also drives digital solutions to empower customers to manage their utilities, reduce consumption and save cost. For more information, please visit spgroup.com.sg or for follow us on Facebook at fb.com/SPGroupSG and on Twitter @SPGroupSG Searchhttps://www.spgroup.com.sg/search?tag=renewable-energy-certificates Search Renewable Energy Certificates | SP Grouphttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/renewable-energy-certificates OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us Renewable Energy Certificates Renewable Energy Certificate (REC) is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-megawatt hour (MWh) of energy produced by renewable sources. RECs can originate from wind, solar, biomass, hydropower, biogas, geothermal, and landfill gas projects. They can be used to validate the consumption of electricity from renewable sources to offset electricity consumption from non-renewable sources. Benefits of RECs: Traceable – each REC comes with a unique serial number that can be used to verify claims and ensure that it is only sold and redeemed once. Supports the renewable energy market by signaling demand for the generation of more renewable energy Encourages the generation of clean energy that produces no greenhouse gas emissions from fossil fuels. How we can assist you Making creditable claims SP Group is an accredited partner of I-REC Standard, an international recognised registry to provide RECs that are traceable to the source of generation. One stop service provider for ASEAN RECs Together with our network of partners, we can provide RECs from Singapore, Malaysia, Vietnam, Thailand, China, Indonesia, and Philippines with a variety of generation technologies. We advise on market boundary requirements from different reporting frameworks such as RE100 and CDP and GHG protocol. Have a business inquiry? Interested to find out more how our integrated services can serve your business needs? Drop us an online enquiry and our qualified professionals will reach out to you. Contact Us Form Our Sustainable Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=renewable-energy-certificates Search Renewable Energy Certificates | SP Grouphttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/renewable-energy-certificates OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us Renewable Energy Certificates Renewable Energy Certificate (REC) is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-megawatt hour (MWh) of energy produced by renewable sources. RECs can originate from wind, solar, biomass, hydropower, biogas, geothermal, and landfill gas projects. They can be used to validate the consumption of electricity from renewable sources to offset electricity consumption from non-renewable sources. Benefits of RECs: Traceable – each REC comes with a unique serial number that can be used to verify claims and ensure that it is only sold and redeemed once. Supports the renewable energy market by signaling demand for the generation of more renewable energy Encourages the generation of clean energy that produces no greenhouse gas emissions from fossil fuels. How we can assist you Making creditable claims SP Group is an accredited partner of I-REC Standard, an international recognised registry to provide RECs that are traceable to the source of generation. One stop service provider for ASEAN RECs Together with our network of partners, we can provide RECs from Singapore, Malaysia, Vietnam, Thailand, China, Indonesia, and Philippines with a variety of generation technologies. We advise on market boundary requirements from different reporting frameworks such as RE100 and CDP and GHG protocol. Have a business inquiry? Interested to find out more how our integrated services can serve your business needs? Drop us an online enquiry and our qualified professionals will reach out to you. Contact Us Form Our Sustainable Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=renewable-energy-certificates Search Renewable Energy Certificates | SP Grouphttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/renewable-energy-certificates OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us Renewable Energy Certificates Renewable Energy Certificate (REC) is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-megawatt hour (MWh) of energy produced by renewable sources. RECs can originate from wind, solar, biomass, hydropower, biogas, geothermal, and landfill gas projects. They can be used to validate the consumption of electricity from renewable sources to offset electricity consumption from non-renewable sources. Benefits of RECs: Traceable – each REC comes with a unique serial number that can be used to verify claims and ensure that it is only sold and redeemed once. Supports the renewable energy market by signaling demand for the generation of more renewable energy Encourages the generation of clean energy that produces no greenhouse gas emissions from fossil fuels. How we can assist you Making creditable claims SP Group is an accredited partner of I-REC Standard, an international recognised registry to provide RECs that are traceable to the source of generation. One stop service provider for ASEAN RECs Together with our network of partners, we can provide RECs from Singapore, Malaysia, Vietnam, Thailand, China, Indonesia, and Philippines with a variety of generation technologies. We advise on market boundary requirements from different reporting frameworks such as RE100 and CDP and GHG protocol. Have a business inquiry? Interested to find out more how our integrated services can serve your business needs? Drop us an online enquiry and our qualified professionals will reach out to you. Contact Us Form Our Sustainable Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide SP Group Launches One Of The World's First Blockchain-Powered Trading Of Renewable Energy Certificateshttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/SP-Group-Launches-One-Of-The-World-s-First-Blockchain-Powered-Trading-Of-Renewable-Energy-Certificates Media Release SP Group Launches One Of The World's First Blockchain-Powered Trading Of Renewable Energy Certificates City Developments Limited and DBS Bank on board as first buyers of certificates Enables local and international organisations – regardless of size, business or location - to meet their sustainability targets Singapore, 29 October 2018 - SP Group (SP) launched one of the world’s first blockchain-powered renewable energy certificate (REC) marketplace at the ASEAN Energy Business Forum (AEBF) on Monday, 29 October 2018. In conjunction with the launch, AEBF forum participants saw screenshots of the first purchases by buyers, City Developments Limited (CDL) and DBS Bank (DBS). Designed and built in-house by SP’s team of digital energy experts, this marketplace enables local and international organisations – regardless of size, business or location in the world – to trade in RECs. The unique attributes of blockchain technology will ensure the security, integrity and traceability of each REC transaction. This will drive the greater integration of renewable energy sources on the electricity grid. Launching the marketplace innovation at the opening session of the Forum on Monday 29 October 2018, SP’s Chief Digital Officer, Samuel Tan, said, “Through blockchain technology, we enable companies to trade in renewable energy certificates conveniently, seamlessly and securely, helping them achieve greener business operations and meet their sustainability targets.” The SP REC marketplace supports local, regional and international RECs. It also supports different supply options including types of sellers and renewable energy sources. SP announced that local organisations such as CDL and DBS, who are keen drivers of sustainable solutions, have signed on as REC buyers. Solar developers such as Cleantech Solar Asia and LYS Energy Solutions, with local and regional solar assets, have signed a collaboration with SP to place their solar assets on the marketplace for sale of RECs. Katoen Natie Singapore, a global chemical logistics company who will be launching Singapore’s largest single unit rooftop solar facility at a warehouse, has also come onboard as a REC seller. When companies purchase RECs, they are consuming electricity from renewable sources, sold to them by other companies that produce green energy. With SP’s blockchain-powered marketplace, buyers are automatically matched with sellers, around the globe, according to their preferences. This helps big and small organisations to achieve their green targets and strengthens cross-border sustainability efforts with SP’s international reach. It contributes to Singapore’s low carbon targets, as part of its Paris COP-21 agreement. Annex A Hear from our Partners “As a green advocate for over two decades, CDL has always been committed to embracing technology and solutions that reduce environmental impact. Given that buildings consume 40% of energy globally, increasing the use of solar energy and neutralising our operations’ carbon footprint has been a priority in the way we build and manage our projects. We are glad to support the innovative and timely initiative by SP Group to embrace blockchain technology as a platform to accelerate Singapore’s transition to a low-carbon economy.” Ms Esther An, Chief Sustainability Officer, City Developments Limited “As Southeast Asia’s largest bank, we recognise the leadership role we can play in promoting sustainable development, including supporting innovations in renewable energy. SP Group’s blockchain REC platform will make it more economically effective for organisations and will catalyse the transition towards a low carbon economy. We look forward to many more innovations in renewable energy technologies to achieve a sustainable, affordable, secure and inclusive energy future.” Mr Mike Power, Chief Operating Officer of Technology and Operations, DBS “Cleantech Solar is excited to be onboarded onto one of the world’s first blockchain-powered REC marketplace pioneered by SP Group. By having our 120 solar sites in Asia on board this platform, we can now allow consumers, who are unable to generate their own renewable energy, another reliable solution to achieve their clean energy goals. Cleantech Solar is proud to be a contributor to SP Group’s innovative green solutions and together to work towards a zero carbon future.” Mr Raju Shukla, Executive Chairman, Cleantech Solar Asia “We are very excited to be part of the SP REC marketplace. We are launching a 6.8 MWh Solar Power Facility in Singapore this week. The SP REC marketplace gives Katoen Natie access to a broader ecosystem to drive sustainability.” Mr Koen Cardon, Chief Executive Officer, Katoen Natie Singapore “Pioneering the RECs trading since 2016, LYS Energy has envisioned the potential of blockchain technology as a powerful catalyst of a sustainable and global widespread of renewable energies adoption. Innovation leadership is our company philosophy, we are delighted today to be partnering with SP Group to support this significant milestone, as a world-wide debut of ensuring interoperability towards smart grid success while helping companies to achieve their sustainability targets.” Mr Lionel Steinitz, Chief Executive Officer, LYS Energy Solutions About SP Group SP Group is a leading energy utilities group in the Asia Pacific. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia, and district cooling businesses in Singapore and China. SP Group is committed to providing customers with reliable and efficient energy utilities services. About 1.5 million industrial, commercial and residential customers in Singapore benefit from SP Group’s world-class transmission, distribution and market support services. These networks are amongst the most reliable and cost-effective world-wide. SP Group also drives digital solutions to empower customers to manage their utilities, reduce consumption and save cost. For more information, please visit spgroup.com.sg or for follow us on Facebook at fb.com/SPGroupSG and on Twitter @SPGroupSG Searchhttps://www.spgroup.com.sg/search?tag=renewable-energy-certificates Search Renewable Energy Certificates | SP Grouphttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/renewable-energy-certificates OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us Renewable Energy Certificates Renewable Energy Certificate (REC) is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-megawatt hour (MWh) of energy produced by renewable sources. RECs can originate from wind, solar, biomass, hydropower, biogas, geothermal, and landfill gas projects. They can be used to validate the consumption of electricity from renewable sources to offset electricity consumption from non-renewable sources. Benefits of RECs: Traceable – each REC comes with a unique serial number that can be used to verify claims and ensure that it is only sold and redeemed once. Supports the renewable energy market by signaling demand for the generation of more renewable energy Encourages the generation of clean energy that produces no greenhouse gas emissions from fossil fuels. How we can assist you Making creditable claims SP Group is an accredited partner of I-REC Standard, an international recognised registry to provide RECs that are traceable to the source of generation. One stop service provider for ASEAN RECs Together with our network of partners, we can provide RECs from Singapore, Malaysia, Vietnam, Thailand, China, Indonesia, and Philippines with a variety of generation technologies. We advise on market boundary requirements from different reporting frameworks such as RE100 and CDP and GHG protocol. Have a business inquiry? Interested to find out more how our integrated services can serve your business needs? Drop us an online enquiry and our qualified professionals will reach out to you. Contact Us Form Our Sustainable Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=renewable-energy-certificates Search Renewable Energy Certificates | SP Grouphttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/renewable-energy-certificates OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us Renewable Energy Certificates Renewable Energy Certificate (REC) is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-megawatt hour (MWh) of energy produced by renewable sources. RECs can originate from wind, solar, biomass, hydropower, biogas, geothermal, and landfill gas projects. They can be used to validate the consumption of electricity from renewable sources to offset electricity consumption from non-renewable sources. Benefits of RECs: Traceable – each REC comes with a unique serial number that can be used to verify claims and ensure that it is only sold and redeemed once. Supports the renewable energy market by signaling demand for the generation of more renewable energy Encourages the generation of clean energy that produces no greenhouse gas emissions from fossil fuels. How we can assist you Making creditable claims SP Group is an accredited partner of I-REC Standard, an international recognised registry to provide RECs that are traceable to the source of generation. One stop service provider for ASEAN RECs Together with our network of partners, we can provide RECs from Singapore, Malaysia, Vietnam, Thailand, China, Indonesia, and Philippines with a variety of generation technologies. We advise on market boundary requirements from different reporting frameworks such as RE100 and CDP and GHG protocol. Have a business inquiry? Interested to find out more how our integrated services can serve your business needs? Drop us an online enquiry and our qualified professionals will reach out to you. Contact Us Form Our Sustainable Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=renewable-energy-certificates Search Renewable Energy Certificates | SP Grouphttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/renewable-energy-certificates OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us Renewable Energy Certificates Renewable Energy Certificate (REC) is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-megawatt hour (MWh) of energy produced by renewable sources. RECs can originate from wind, solar, biomass, hydropower, biogas, geothermal, and landfill gas projects. They can be used to validate the consumption of electricity from renewable sources to offset electricity consumption from non-renewable sources. Benefits of RECs: Traceable – each REC comes with a unique serial number that can be used to verify claims and ensure that it is only sold and redeemed once. Supports the renewable energy market by signaling demand for the generation of more renewable energy Encourages the generation of clean energy that produces no greenhouse gas emissions from fossil fuels. How we can assist you Making creditable claims SP Group is an accredited partner of I-REC Standard, an international recognised registry to provide RECs that are traceable to the source of generation. One stop service provider for ASEAN RECs Together with our network of partners, we can provide RECs from Singapore, Malaysia, Vietnam, Thailand, China, Indonesia, and Philippines with a variety of generation technologies. We advise on market boundary requirements from different reporting frameworks such as RE100 and CDP and GHG protocol. Have a business inquiry? Interested to find out more how our integrated services can serve your business needs? Drop us an online enquiry and our qualified professionals will reach out to you. Contact Us Form Our Sustainable Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=renewable-energy-certificates Search Renewable Energy Certificates | SP Grouphttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/renewable-energy-certificates OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us Renewable Energy Certificates Renewable Energy Certificate (REC) is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-megawatt hour (MWh) of energy produced by renewable sources. RECs can originate from wind, solar, biomass, hydropower, biogas, geothermal, and landfill gas projects. They can be used to validate the consumption of electricity from renewable sources to offset electricity consumption from non-renewable sources. Benefits of RECs: Traceable – each REC comes with a unique serial number that can be used to verify claims and ensure that it is only sold and redeemed once. Supports the renewable energy market by signaling demand for the generation of more renewable energy Encourages the generation of clean energy that produces no greenhouse gas emissions from fossil fuels. How we can assist you Making creditable claims SP Group is an accredited partner of I-REC Standard, an international recognised registry to provide RECs that are traceable to the source of generation. One stop service provider for ASEAN RECs Together with our network of partners, we can provide RECs from Singapore, Malaysia, Vietnam, Thailand, China, Indonesia, and Philippines with a variety of generation technologies. We advise on market boundary requirements from different reporting frameworks such as RE100 and CDP and GHG protocol. Have a business inquiry? Interested to find out more how our integrated services can serve your business needs? Drop us an online enquiry and our qualified professionals will reach out to you. Contact Us Form Our Sustainable Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=renewable-energy-certificates Search Renewable Energy Certificates | SP Grouphttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/renewable-energy-certificates OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us Renewable Energy Certificates Renewable Energy Certificate (REC) is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-megawatt hour (MWh) of energy produced by renewable sources. RECs can originate from wind, solar, biomass, hydropower, biogas, geothermal, and landfill gas projects. They can be used to validate the consumption of electricity from renewable sources to offset electricity consumption from non-renewable sources. Benefits of RECs: Traceable – each REC comes with a unique serial number that can be used to verify claims and ensure that it is only sold and redeemed once. Supports the renewable energy market by signaling demand for the generation of more renewable energy Encourages the generation of clean energy that produces no greenhouse gas emissions from fossil fuels. How we can assist you Making creditable claims SP Group is an accredited partner of I-REC Standard, an international recognised registry to provide RECs that are traceable to the source of generation. One stop service provider for ASEAN RECs Together with our network of partners, we can provide RECs from Singapore, Malaysia, Vietnam, Thailand, China, Indonesia, and Philippines with a variety of generation technologies. We advise on market boundary requirements from different reporting frameworks such as RE100 and CDP and GHG protocol. Have a business inquiry? Interested to find out more how our integrated services can serve your business needs? Drop us an online enquiry and our qualified professionals will reach out to you. Contact Us Form Our Sustainable Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=renewable-energy-certificates Search Renewable Energy Certificates | SP Grouphttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/renewable-energy-certificates OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us Renewable Energy Certificates Renewable Energy Certificate (REC) is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-megawatt hour (MWh) of energy produced by renewable sources. RECs can originate from wind, solar, biomass, hydropower, biogas, geothermal, and landfill gas projects. They can be used to validate the consumption of electricity from renewable sources to offset electricity consumption from non-renewable sources. Benefits of RECs: Traceable – each REC comes with a unique serial number that can be used to verify claims and ensure that it is only sold and redeemed once. Supports the renewable energy market by signaling demand for the generation of more renewable energy Encourages the generation of clean energy that produces no greenhouse gas emissions from fossil fuels. How we can assist you Making creditable claims SP Group is an accredited partner of I-REC Standard, an international recognised registry to provide RECs that are traceable to the source of generation. One stop service provider for ASEAN RECs Together with our network of partners, we can provide RECs from Singapore, Malaysia, Vietnam, Thailand, China, Indonesia, and Philippines with a variety of generation technologies. We advise on market boundary requirements from different reporting frameworks such as RE100 and CDP and GHG protocol. Have a business inquiry? Interested to find out more how our integrated services can serve your business needs? Drop us an online enquiry and our qualified professionals will reach out to you. Contact Us Form Our Sustainable Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide Searchhttps://www.spgroup.com.sg/search?tag=renewable-energy-certificates Search Renewable Energy Certificates | SP Grouphttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/renewable-energy-certificates OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us Renewable Energy Certificates Renewable Energy Certificate (REC) is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-megawatt hour (MWh) of energy produced by renewable sources. RECs can originate from wind, solar, biomass, hydropower, biogas, geothermal, and landfill gas projects. They can be used to validate the consumption of electricity from renewable sources to offset electricity consumption from non-renewable sources. Benefits of RECs: Traceable – each REC comes with a unique serial number that can be used to verify claims and ensure that it is only sold and redeemed once. Supports the renewable energy market by signaling demand for the generation of more renewable energy Encourages the generation of clean energy that produces no greenhouse gas emissions from fossil fuels. How we can assist you Making creditable claims SP Group is an accredited partner of I-REC Standard, an international recognised registry to provide RECs that are traceable to the source of generation. One stop service provider for ASEAN RECs Together with our network of partners, we can provide RECs from Singapore, Malaysia, Vietnam, Thailand, China, Indonesia, and Philippines with a variety of generation technologies. We advise on market boundary requirements from different reporting frameworks such as RE100 and CDP and GHG protocol. Have a business inquiry? Interested to find out more how our integrated services can serve your business needs? Drop us an online enquiry and our qualified professionals will reach out to you. Contact Us Form Our Sustainable Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide SP Group Launches One Of The World's First Blockchain-Powered Trading Of Renewable Energy Certificateshttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/SP-Group-Launches-One-Of-The-World-s-First-Blockchain-Powered-Trading-Of-Renewable-Energy-Certificates Media Release SP Group Launches One Of The World's First Blockchain-Powered Trading Of Renewable Energy Certificates City Developments Limited and DBS Bank on board as first buyers of certificates Enables local and international organisations – regardless of size, business or location - to meet their sustainability targets Singapore, 29 October 2018 - SP Group (SP) launched one of the world’s first blockchain-powered renewable energy certificate (REC) marketplace at the ASEAN Energy Business Forum (AEBF) on Monday, 29 October 2018. In conjunction with the launch, AEBF forum participants saw screenshots of the first purchases by buyers, City Developments Limited (CDL) and DBS Bank (DBS). Designed and built in-house by SP’s team of digital energy experts, this marketplace enables local and international organisations – regardless of size, business or location in the world – to trade in RECs. The unique attributes of blockchain technology will ensure the security, integrity and traceability of each REC transaction. This will drive the greater integration of renewable energy sources on the electricity grid. Launching the marketplace innovation at the opening session of the Forum on Monday 29 October 2018, SP’s Chief Digital Officer, Samuel Tan, said, “Through blockchain technology, we enable companies to trade in renewable energy certificates conveniently, seamlessly and securely, helping them achieve greener business operations and meet their sustainability targets.” The SP REC marketplace supports local, regional and international RECs. It also supports different supply options including types of sellers and renewable energy sources. SP announced that local organisations such as CDL and DBS, who are keen drivers of sustainable solutions, have signed on as REC buyers. Solar developers such as Cleantech Solar Asia and LYS Energy Solutions, with local and regional solar assets, have signed a collaboration with SP to place their solar assets on the marketplace for sale of RECs. Katoen Natie Singapore, a global chemical logistics company who will be launching Singapore’s largest single unit rooftop solar facility at a warehouse, has also come onboard as a REC seller. When companies purchase RECs, they are consuming electricity from renewable sources, sold to them by other companies that produce green energy. With SP’s blockchain-powered marketplace, buyers are automatically matched with sellers, around the globe, according to their preferences. This helps big and small organisations to achieve their green targets and strengthens cross-border sustainability efforts with SP’s international reach. It contributes to Singapore’s low carbon targets, as part of its Paris COP-21 agreement. Annex A Hear from our Partners “As a green advocate for over two decades, CDL has always been committed to embracing technology and solutions that reduce environmental impact. Given that buildings consume 40% of energy globally, increasing the use of solar energy and neutralising our operations’ carbon footprint has been a priority in the way we build and manage our projects. We are glad to support the innovative and timely initiative by SP Group to embrace blockchain technology as a platform to accelerate Singapore’s transition to a low-carbon economy.” Ms Esther An, Chief Sustainability Officer, City Developments Limited “As Southeast Asia’s largest bank, we recognise the leadership role we can play in promoting sustainable development, including supporting innovations in renewable energy. SP Group’s blockchain REC platform will make it more economically effective for organisations and will catalyse the transition towards a low carbon economy. We look forward to many more innovations in renewable energy technologies to achieve a sustainable, affordable, secure and inclusive energy future.” Mr Mike Power, Chief Operating Officer of Technology and Operations, DBS “Cleantech Solar is excited to be onboarded onto one of the world’s first blockchain-powered REC marketplace pioneered by SP Group. By having our 120 solar sites in Asia on board this platform, we can now allow consumers, who are unable to generate their own renewable energy, another reliable solution to achieve their clean energy goals. Cleantech Solar is proud to be a contributor to SP Group’s innovative green solutions and together to work towards a zero carbon future.” Mr Raju Shukla, Executive Chairman, Cleantech Solar Asia “We are very excited to be part of the SP REC marketplace. We are launching a 6.8 MWh Solar Power Facility in Singapore this week. The SP REC marketplace gives Katoen Natie access to a broader ecosystem to drive sustainability.” Mr Koen Cardon, Chief Executive Officer, Katoen Natie Singapore “Pioneering the RECs trading since 2016, LYS Energy has envisioned the potential of blockchain technology as a powerful catalyst of a sustainable and global widespread of renewable energies adoption. Innovation leadership is our company philosophy, we are delighted today to be partnering with SP Group to support this significant milestone, as a world-wide debut of ensuring interoperability towards smart grid success while helping companies to achieve their sustainability targets.” Mr Lionel Steinitz, Chief Executive Officer, LYS Energy Solutions About SP Group SP Group is a leading energy utilities group in the Asia Pacific. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia, and district cooling businesses in Singapore and China. SP Group is committed to providing customers with reliable and efficient energy utilities services. About 1.5 million industrial, commercial and residential customers in Singapore benefit from SP Group’s world-class transmission, distribution and market support services. These networks are amongst the most reliable and cost-effective world-wide. SP Group also drives digital solutions to empower customers to manage their utilities, reduce consumption and save cost. For more information, please visit spgroup.com.sg or for follow us on Facebook at fb.com/SPGroupSG and on Twitter @SPGroupSG [20181029] SP Group launches one of the world's first blockchain-powered trading of renewable energy certificates https://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/e3854238-5db1-4f42-8e3d-3f7fcfa74e32/%5B20181029%5D+Media+Release+-SP+Group+launches+one+of+the+world's+first+blockchain-powered+trading+of+renewable+energy+certificates.pdf?MOD=AJPERES&CVID= News Release SP GROUP LAUNCHES ONE OF THE WORLD’S FIRST BLOCKCHAIN-POWERED TRADING OF RENEWABLE ENERGY CERTIFICATES • City Developments Limited and DBS Bank on board as first buyers of certificates • Enables local and international organisations – regardless of size, business or location - to meet their sustainability targets Singapore, 29 October 2018 - SP Group (SP) launched one of the world’s first blockchain-powered renewable energy certificate (REC) marketplace at the ASEAN Energy Business Forum (AEBF) on Monday, 29 October 2018. In conjunction with the launch, AEBF forum participants saw screenshots of the first purchases by buyers, City Developments Limited (CDL) and DBS Bank (DBS). Designed and built in-house by SP’s team of digital energy experts, this marketplace enables local and international organisations – regardless of size, business or location in the world – to trade in RECs. The unique attributes of blockchain technology will ensure the security, integrity and traceability of each REC transaction. This will drive the greater integration of renewable energy sources on the electricity grid. Launching the marketplace innovation at the opening session of the Forum on Monday 29 October 2018, SP’s Chief Digital Officer, Samuel Tan, said, “Through blockchain technology, we enable companies to trade in renewable energy certificates conveniently, seamlessly and securely, helping them achieve greener business operations and meet their sustainability targets.” The SP REC marketplace supports local, regional and international RECs. It also supports different supply options including types of sellers and renewable energy sources. SP announced that local organisations such as CDL and DBS, who are keen drivers of sustainable solutions, have signed on as REC buyers. Solar developers such as Cleantech Solar Asia and LYS Energy Solutions, with local and regional solar assets, have signed a collaboration with SP to place their solar assets on the marketplace for sale of RECs. Katoen Natie Singapore, a global chemical logistics company who will be launching Singapore’s largest single unit rooftop solar facility at a warehouse, has also come onboard as a REC seller. When companies purchase RECs, they are consuming electricity from renewable sources, sold to them by other companies that produce green energy. With SP’s blockchain-powered marketplace, buyers are automatically matched with sellers, around the globe, according to their preferences. This helps big and small organisations to achieve their green targets and strengthens cross-border sustainability efforts with SP’s international reach. It contributes to Singapore’s low carbon targets, as part of its Paris COP-21 agreement. Annex A Hear from our Partners “As a green advocate for over two decades, CDL has always been committed to embracing technology and solutions that reduce environmental impact. Given that buildings consume 40% of energy globally, increasing the use of solar energy and neutralising our operations’ carbon footprint has been a priority in the way we build and manage our projects. We are glad to support the innovative and timely initiative by SP Group to embrace blockchain technology as a platform to accelerate Singapore’s transition to a low-carbon economy.” Ms Esther An, Chief Sustainability Officer, City Developments Limited “As Southeast Asia’s largest bank, we recognise the leadership role we can play in promoting sustainable development, including supporting innovations in renewable energy. SP Group’s blockchain REC platform will make it more economically effective for organisations and will catalyse the transition towards a low carbon economy. We look forward to many more innovations in renewable energy technologies to achieve a sustainable, affordable, secure and inclusive energy future.” Mr Mike Power, Chief Operating Officer of Technology and Operations, DBS “Cleantech Solar is excited to be onboarded onto one of the world’s first blockchain-powered REC marketplace pioneered by SP Group. By having our 120 solar sites in Asia on board this platform, we can now allow consumers, who are unable to generate their own renewable energy, another reliable solution to achieve their clean energy goals. Cleantech Solar is proud to be a contributor to SP Group’s innovative green solutions and together to work towards a zero carbon future.” Mr Raju Shukla, Executive Chairman, Cleantech Solar Asia “We are very excited to be part of the SP REC marketplace. We are launching a 6.8 MWh Solar Power Facility in Singapore this week. The SP REC marketplace gives Katoen Natie access to a broader ecosystem to drive sustainability.” Mr Koen Cardon, Chief Executive Officer, Katoen Natie Singapore “Pioneering the RECs trading since 2016, LYS Energy has envisioned the potential of blockchain technology as a powerful catalyst of a sustainable and global widespread of renewable energies adoption. Innovation leadership is our company philosophy, we are delighted today to be partnering with SP Group to support this significant milestone, as a world-wide debut of ensuring interoperability towards smart grid success while helping companies to achieve their sustainability targets.” Mr Lionel Steinitz, Chief Executive Officer, LYS Energy Solutions 2 Annex A About SP Group SP Group is a leading energy utilities group in the Asia Pacific. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia, and district cooling businesses in Singapore and China. SP Group is committed to providing customers with reliable and efficient energy utilities services. About 1.5 million industrial, commercial and residential customers in Singapore benefit from SP Group’s world-class transmission, distribution and market support services. These networks are amongst the most reliable and cost-effective world-wide. SP Group also drives digital solutions to empower customers to manage their utilities, reduce consumption and save cost. For more information, please visit spgroup.com.sg or for follow us on Facebook at fb.com/SPGroupSG and on Twitter @SPGroupSG 3 Searchhttps://www.spgroup.com.sg/search?tag=renewable-energy-certificates Search Renewable Energy Certificates | SP Grouphttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/renewable-energy-certificates OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us Renewable Energy Certificates Renewable Energy Certificate (REC) is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-megawatt hour (MWh) of energy produced by renewable sources. RECs can originate from wind, solar, biomass, hydropower, biogas, geothermal, and landfill gas projects. They can be used to validate the consumption of electricity from renewable sources to offset electricity consumption from non-renewable sources. Benefits of RECs: Traceable – each REC comes with a unique serial number that can be used to verify claims and ensure that it is only sold and redeemed once. Supports the renewable energy market by signaling demand for the generation of more renewable energy Encourages the generation of clean energy that produces no greenhouse gas emissions from fossil fuels. How we can assist you Making creditable claims SP Group is an accredited partner of I-REC Standard, an international recognised registry to provide RECs that are traceable to the source of generation. One stop service provider for ASEAN RECs Together with our network of partners, we can provide RECs from Singapore, Malaysia, Vietnam, Thailand, China, Indonesia, and Philippines with a variety of generation technologies. We advise on market boundary requirements from different reporting frameworks such as RE100 and CDP and GHG protocol. Have a business inquiry? Interested to find out more how our integrated services can serve your business needs? Drop us an online enquiry and our qualified professionals will reach out to you. Contact Us Form Our Sustainable Energy Solutions District Cooling & Heating Electric Vehicle Solutions Digital Products Renewable Energy Climate Services Hide SP Group Launches One Of The World's First Blockchain-Powered Trading Of Renewable Energy Certificateshttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/SP-Group-Launches-One-Of-The-World-s-First-Blockchain-Powered-Trading-Of-Renewable-Energy-Certificates Media Release SP Group Launches One Of The World's First Blockchain-Powered Trading Of Renewable Energy Certificates City Developments Limited and DBS Bank on board as first buyers of certificates Enables local and international organisations – regardless of size, business or location - to meet their sustainability targets Singapore, 29 October 2018 - SP Group (SP) launched one of the world’s first blockchain-powered renewable energy certificate (REC) marketplace at the ASEAN Energy Business Forum (AEBF) on Monday, 29 October 2018. In conjunction with the launch, AEBF forum participants saw screenshots of the first purchases by buyers, City Developments Limited (CDL) and DBS Bank (DBS). Designed and built in-house by SP’s team of digital energy experts, this marketplace enables local and international organisations – regardless of size, business or location in the world – to trade in RECs. The unique attributes of blockchain technology will ensure the security, integrity and traceability of each REC transaction. This will drive the greater integration of renewable energy sources on the electricity grid. Launching the marketplace innovation at the opening session of the Forum on Monday 29 October 2018, SP’s Chief Digital Officer, Samuel Tan, said, “Through blockchain technology, we enable companies to trade in renewable energy certificates conveniently, seamlessly and securely, helping them achieve greener business operations and meet their sustainability targets.” The SP REC marketplace supports local, regional and international RECs. It also supports different supply options including types of sellers and renewable energy sources. SP announced that local organisations such as CDL and DBS, who are keen drivers of sustainable solutions, have signed on as REC buyers. Solar developers such as Cleantech Solar Asia and LYS Energy Solutions, with local and regional solar assets, have signed a collaboration with SP to place their solar assets on the marketplace for sale of RECs. Katoen Natie Singapore, a global chemical logistics company who will be launching Singapore’s largest single unit rooftop solar facility at a warehouse, has also come onboard as a REC seller. When companies purchase RECs, they are consuming electricity from renewable sources, sold to them by other companies that produce green energy. With SP’s blockchain-powered marketplace, buyers are automatically matched with sellers, around the
[20180710] Lianhe Wanbao - Tengah new town may be developed into the first smart energy townhttps://www.spgroup.com.sg/dam/jcr:0811525c-4e72-4b2b-8baa-49ff3f68fb32
西 部 登 加 新 镇 或 发 展 为 首 个 智 能 能 源 市 镇 宋 慧 纯 报 道 hcsong@sph.com.sg 西 部 登 加 新 镇 可 发 展 为 我 国 首 个 智 能 能 源 市 镇 , 未 来 有 望 透 过 一 套 借 助 人 工 智 能 运 作 的 中 央 能 源 软 件 系 统 , 达 到 更 有 效 和 永 续 的 能 源 管 理 和 使 用 , 居 民 也 可 透 过 应 用 掌 握 自 家 的 用 电 量 等 信 息 。 建 屋 发 展 局 今 早 在 世 界 城 市 峰 会 上 与 业 界 伙 伴 签 署 三 份 研 究 协 定 , 朝 打 造 永 续 宜 居 的 住 宅 再 迈 进 一 步 。 其 中 , 与 新 能 源 集 团 签 署 的 合 作 备 忘 录 , 将 探 讨 将 登 加 镇 (Tengah) 发 展 为 首 个 智 能 能 源 市 镇 。 研 究 将 从 本 月 起 展 开 , 为 期 一 年 。 双 方 将 合 作 研 发 和 测 试 名 为 “Smart Energy Concierge” 的 中 央 能 源 软 件 系 统 , 收 集 、 处 理 及 分 析 整 个 市 镇 、 邻 区 或 某 栋 住 宅 的 能 源 使 用 数 据 。 这 套 智 能 系 统 会 与 能 源 电 网 、 能 源 储 存 系 统 和 太 阳 光 伏 发 电 机 衔 接 在 一 起 , 可 辨 别 出 能 源 流 量 模 式 或 异 状 , 以 减 低 服 务 受 干 扰 的 几 率 , 发 展 出 一 套 更 永 续 和 有 效 的 能 源 管 理 模 式 。 国 家 发 展 部 长 兼 财 政 部 第 二 部 长 黄 循 财 建 屋 局 将 与 新 能 源 集 团 合 作 , 探 讨 将 西 部 登 加 市 镇 发 展 为 首 个 智 能 能 源 市 镇 。( 档 案 照 ) 在 协 定 签 署 仪 式 上 致 辞 时 透 露 , 相 关 团 队 将 研 发 应 用 来 协 助 居 民 做 出 更 明 智 的 能 源 使 用 决 定 , 让 他 们 追 踪 自 家 用 电 量 , 进 而 优 化 能 源 使 用 模 式 。 将 发 展 为 “ 森 林 市 镇 ” 的 登 加 是 本 地 第 24 个 市 镇 , 首 批 预 购 组 屋 今 年 11 月 推 出 供 申 购 。 除 了 新 能 源 集 团 , 建 屋 局 也 与 ISO Landscape 私 人 有 限 公 司 签 署 了 研 究 合 作 协 议 , 包 括 为 沿 海 海 域 研 发 一 套 可 应 对 强 风 和 波 浪 等 较 恶 劣 气 候 状 况 的 浮 动 太 阳 能 系 统 。 研 究 预 计 最 迟 明 年 完 成 。 建 屋 局 也 与 Robin Village 发 展 私 人 有 限 公 司 签 署 协 议 , 研 究 如 何 使 用 3D 混 凝 土 打 印 技 术 生 产 独 特 的 建 筑 形 体 , 提 升 本 地 的 设 计 及 建 筑 领 域 的 实 力 。
Searchhttps://www.spgroup.com.sg/search?tag=tengah
Search Searchhttps://www.spgroup.com.sg/search?tag=tengah Search Searchhttps://www.spgroup.com.sg/search?tag=tengah Search Searchhttps://www.spgroup.com.sg/search?tag=tengah Search Searchhttps://www.spgroup.com.sg/search?tag=tengah Search Searchhttps://www.spgroup.com.sg/search?tag=tengah Search Searchhttps://www.spgroup.com.sg/search?tag=tengah Search Searchhttps://www.spgroup.com.sg/search?tag=tengah Search Searchhttps://www.spgroup.com.sg/search?tag=tengah Search Searchhttps://www.spgroup.com.sg/search?tag=tengah Search Searchhttps://www.spgroup.com.sg/search?tag=tengah Search Searchhttps://www.spgroup.com.sg/search?tag=tengah Search Searchhttps://www.spgroup.com.sg/search?tag=tengah Search SP Group Opens Singapore’s First Smart Energy Town Showcase at MyTengah Experience Centrehttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/SP-Group-Opens-Singapore-s-First-Smart-Energy-Town-Showcase-at-MyTengah-Experience-Centre at Tengah, will be open to the public from 20 October 2020. SP will bring Singapore’s first large-scale residential centralised cooling system to Tengah. Located at the HDB Hub in Toa Payoh, the MyTengah Experience Centre will give future Tengah residents and visitors a first-hand look and feel of living Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/enabling-green-mobility-in-tengah SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Enabling green mobility in Tengah SUSTAINABILITY SP Group (SP) is partnering Toyota’s authorised car distributor Borneo Motors Singapore (BMS) on EV sharing and leasing schemes for residents of Tengah. SP and BMS signed an MOU to explore Category: Sustainability Borneo Motors Singapore and SP Group to Pilot Singapore’s First Electric Car-Sharing Programme in Tengah, Singapore’s First Integrated Smart Energy Townhttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/Borneo-Motors-Singapore-and-SP-Group-to-pilot-Singapore-s-first-electric-car-sharing-programme-in-Tengah--Singapore-s-first-integrated-smart-energy-town News Release Borneo Motors Singapore and SP Group to Pilot Singapore’s First Electric Car-Sharing Programme in Tengah, Singapore’s First Integrated Smart Energy Town • The partnership aims to accelerate Singapore's transition to green mobility by increasing awareness on sustainable mobility [30062022]+Media+Release+-+BMS+and+SP+to+pilot+SG's+first+electric+car+sharing+programme+in+Tengah.pdfhttps://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/7aacef70-9cf0-44e6-8484-b84ac03837ec/%5B30062022%5D+Media+Release+-+BMS+and+SP+to+pilot+SG's+first+electric+car+sharing+programme+in+Tengah.pdf?MOD=AJPERES&CVID= News Release BORNEO MOTORS SINGAPORE AND SP GROUP TO PILOT SINGAPORE’S FIRST ELECTRIC CAR-SHARING PROGRAMME IN TENGAH, SINGAPORE’S FIRST INTEGRATED SMART ENERGY TOWN • The partnership aims to accelerate Singapore’s transition to green mobility by increasing awareness on sustainable mobility Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/powering-tengah--singapore-s-first-ai-enabled--eco-friendly--smart-energy-town SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Powering Tengah, Singapore’s First AI-enabled, Eco-friendly, Smart Energy Town SUSTAINABILITY Speakers and moderator at the virtual Ecosperity Conversations on “Sustainable Districts for a Sustainable City”. Photo credits: Temasek How Category: Sustainability SP Group launches Singapore’s first EV fast charging hub in a HDB carpark in Tengahhttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/SP-Group-launches-Singapore-first-EV-fast-charging-hub-in-a-HDB-carpark Media Release SP Group launches Singapore’s first EV fast charging hub in a HDB carpark in Tengah   Eight DC and six AC charging points at Singapore’s first eco-smart town enable quick and convenient charging   Singapore, 16 May 2026 - SP Mobility, part of SP Group (SP), is bringing more high-speed Searchhttps://www.spgroup.com.sg/search?tag=smart-city digital platform Singapore is piloting more energy-efficient technologies, including district cooling systems like the one implemented in the Marina Bay district (above) in 2006, enabling energy savings of up to 40 per cent, according to energy utilities provider SP Group. Tengah new town [20201020] The Straits Times - 1,000 households opt in for Tengah's cool new featurehttps://www.spgroup.com.sg/dam/jcr:fea163a3-bd12-4186-8b21-42be5337b24c ” of Tengah, where some 8,000 Build-To-Order (BTO) flats have been launched so far. Home owners who opt for the energy-efficient system will save around 15 per cent to 20 per cent in upfront costs compared with current market rates, and up to 30 per cent in life cycle costs, energy utilities provider SP jcr:384e4542-9961-459f-8085-16bace754c70https://www.spgroup.com.sg/dam/jcr:384e4542-9961-459f-8085-16bace754c70 THE STRAITS TIMES Tengah residents to get dedicated car-sharing service from June next year Various electrified Toyota models will be made available to Tengah residents through a car-sharing pilot between Borneo Motors and SP Group. PHOTO: SCREENGRAB FROM GOOGLE MAPS Lee Nian Tjoe Senior Transport [30062022]+The+Straits+Times+-+Tengah+residents+to+get+dedicated+car-sharing+service+from+June+next+year.pdfhttps://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/a2ad7b9e-c697-4855-982a-69c7722b5af8/%5B30062022%5D+The+Straits+Times+-+Tengah+residents+to+get+dedicated+car-sharing+service+from+June+next+year.pdf?MOD=AJPERES&CVID= THE STRAITS TIMES Tengah residents to get dedicated car-sharing service from June next year Various electrified Toyota models will be made available to Tengah residents through a car-sharing pilot between Borneo Motors and SP Group. PHOTO: SCREENGRAB FROM GOOGLE MAPS Lee Nian Tjoe Senior Transport 1 2 3 4 5 ..... 10
Change of Ownership-Tenancy - Utilities Account Transfer.pdfhttps://www.spgroup.com.sg/dam/jcr:ed7ecbae-862c-4fbd-9bb9-7cd84c97ddac/Change%20of%20Ownership-Tenancy%20-%20Utilities%20Account%20Transfer.pdf
Change of Ownership/ Tenancy Utilities Account Transfer Form SP SERVICES LTD Contact Log Ref: ________________ (Acting for itself and as agent for and on behalf of PUB and City Energy Pte. Ltd. (as Trustee of City Energy Trust) for the supply of utilities, and as agent for Veolia ES Singapore Pte Ltd, Colex Environmental Pte Ltd, Cora Environment Pte Ltd, 800 Super Waste Management Pte Ltd, TEE Environmental Pte. Ltd. and Alba W&H Smart City Pte. Ltd. in relation to the collection of refuse.) NEW ACCOUNT HOLDER’S PARTICULARS (Co. Registration No. 199504470N) For Application in Personal name: Name of Transferee (Mr/Mrs/Mdm/Ms/Dr):______________________________ (“the Consumer”) Declaration Please check here if you are an undischarged bankrupt. NRIC/FIN (Copy of NRIC/FIN is required):_______________ For the purpose of application for water, gas and electricity only Date of Birth (DDMMYY): __________________________ Bankruptcy Number: _____________________________ For Application in Company name: Name of Company (Transferee): ____________________________________ Co Reg No.: _____________ Co Reg Date: _____________ (“the Consumer”) Contact Person: ______________________________ Principal Activities (I) No.: __________________________________ (As shown on your ACRA Business Profile) DETAILS OF PREMISES a. Premises Address: __________________________________________________________________________________ ________________________________________________________________ S ________________ b. Type of Occupancy: Owner Tenant c. Type of Account: Domestic Non-Domestic d. Use of Premises (See Annex): (indicate index no.) (Security Deposit required. Please make cheque payable to SP Services Ltd) e. GST Reg No. & GST Reg Date: _________________________ ____ (DD)_______(MM)_________(YYYY) Only applicable to premises with PV (ie. Photovoltaics) installed WARNING: IT IS AN OFFENCE UNDER THE PUBLIC UTILITIES ACT (CAP 261) TO MAKE ANY FALSE STATEMENT, REPRESENTATION OR DECLARATION IN CONNECTION WITH THE APPLICATION FOR WATER SUPPLIED BY THE PUBLIC UTILITIES BOARD. Utilities Account Number of Transferor (outgoing customer) (A new account number will be given to the transferee upon process of the application) Meter Reading Date DDMMYY (This form is to be submitted within 3 days from the reading date) ELECTRICITY* WATER** GAS (if any) - (Record only the white numbers) (Record only the first five numbers from the left – four black and one red.) (Record only the black numbers) The above meter readings are required to facilitate the billing of both transferor and transferee utilities accounts. Invalid readings will be rejected. *I/We acknowledge that I/we am/are required to engage a licensed electrical worker (LEW) to inspect and test my electrical installation if I have made any alteration or rewiring to it. Thereafter, the LEW will lodge a copy of Certificate of Compliance (CoC) together with this application to SPGroup to check my electrical installation if the electrical installation is exempted from an Electrical Installation Licence. **I/We acknowledge that I/we am/are required to engage a licensed plumber (LP) to submit the notification for water service installation (WSI) work if I have made any addition or alteration to existing piping. As the account holder, please ensure that you and your contractor (if any) do not tamper with or remove PUB’s water meter without PUB’s prior approval. Upon completion, please submit this form with the following documents: a. Copy of NRIC/ FIN card of transferee In addition to (a), the following documents are required for Commercial accounts: b. Copy of Business/ Company Registration Certificate c. Proof of ownership/ Tenancy agreement d. Letter of authorisation (required if signatory is not a Director according to ACRA listing) e. Initial security deposit (please visit www.spgroup.com.sg for more details) Note: This form is not applicable for master accounts, accounts starting with “930”, electricity supply above 45kVA for non-domestic accounts and temporary supply of utilities. For payment of deposit via cheque, please make the cheque payable to SP Services Ltd. For Gas Turn-on /Installation, please call City Energy Pte. Ltd. (as Trustee of City Energy Trust) at 1800-555 1661 for an appointment. Installation and Termination of gas supply fees apply. You need not call if the gas supply for the previous occupant is connected. 1. I/We agree that each application for a utility, when accepted, will constitute a binding contract between myself/ourselves and PUB / SP Services Ltd / City Energy Pte. Ltd. (as Trustee of City Energy Trust) / Veolia ES Singapore Pte Ltd / Colex Environmental Pte Ltd / Cora Environment Pte Ltd / 800 Super Waste Management Pte Ltd / TEE Environmental Pte. Ltd. and/or Alba W&H Smart City Pte. Ltd. (as the case may be) and I/we agree that such contract shall be separate and independent from each other and shall be separately enforceable. 2. In the event that I/we make an application for gas at a later date, I/we agree to be bound by the terms and conditions for supply of gas set out in Part III overleaf and such other terms and conditions which City Energy Pte. Ltd. (as Trustee of City Energy Trust) may, at its absolute discretion, notify and impose. I/We understand that nothing herein shall be constructed as an offer by City Energy Pte. Ltd. (as Trustee of City Energy Trust) to supply gas to me / us and that City Energy Pte. Ltd. (as Trustee of City Energy Trust) has the absolute discretion to reject my application for gas supply for any reason. 3. I/We acknowledge and agree that SP Services Ltd reserves the right to transfer any amounts due and owing arising from my/ our previous/ closed account to an existing/ new account belonging to me/ us. 4. I/We agree to be bound by the terms and conditions specified by each supplier as set out in Part I (Water Supply) / Part II (Electricity Supply) / Part III (Gas Supply) / Part IV (Collection of Refuse) overleaf. 5. I/We acknowledge and agree that PUB, SP Services Ltd, City Energy Pte. Ltd. (as Trustee of City Energy Trust), Veolia ES Singapore Pte Ltd, Colex Environmental Pte Ltd, Cora Environment Pte Ltd, 800 Super Waste Management Pte Ltd, TEE Environmental Pte. Ltd. and/or Alba W&H Smart City Pte. Ltd. (as the case may be) may collect, use and disclose to any third party and all particulars relating to my/our personal information, in accordance with the Personal Data Protection Act 2012 and SP Group’s data protection policy (available at SP Group’s website https://www.spgroup.com.sg/personal-data-protection-policy), for the purposes of (i) providing the requested services; (ii) billing and account management (including debt collection or recovery); (iii) conducting surveys or obtaining feedback; (iv) informing me / us of their or their related entities’ and business affiliates’ services and offers (unless I/we duly inform you otherwise); and (v) complying with all applicable laws and regulations, and business requirements. 6. If I/we am/are (or subsequently become) GST-registered, I/we agree that I/we will not issue any tax invoice for electricity sold to SP Services Ltd but hereby authorize SP Services Ltd to issue tax invoices on my/our behalf. I/We further agree that where SP Services Ltd issues any tax invoice(s) on my behalf in respect of any taxable supplies that I/we provide, SP Services Ltd shall be entitled to charge GST at the prevailing rate as at the date on which such taxable supplies are provided. 7. I/We will notify SP Services Ltd in writing immediately if there is any change to my/our GST status, including without limitation if my/our GST registration is cancelled; I/we am/are not currently GST-registered but subsequently become GST-registered; I/We am/are issued with a new GST registration number, etc. Walk-in: 490 Lor 6 Toa Payoh #09-11 HDB Hub Biz Three Lift Lobby 1 Singapore 310490 Hotline: 1800-2222333 Website: www.spgroup.com.sg Version 4.0 / 09 / 25 SP SERVICES LTD (Acting for itself and as agent for and on behalf of PUB and City Energy Pte. Ltd. (as Trustee of City Energy Trust) for the supply of utilities, and as agent for Veolia ES Singapore Pte Ltd, Colex Environmental Pte Ltd, Cora Environment Pte Ltd, 800 Super Waste Management Pte Ltd, TEE Environmental Pte. Ltd. and Alba W&H Smart City Pte. Ltd. in relation to the collection of refuse.) PART I Terms and Conditions of the Contract for the Supply of Water by the PUB 1 The Consumer shall pay an initial deposit and maintain it at an amount not less than one and a half times the monthly charges. For non-Singaporeans and nonpermanent residents an amount not less than 3 times the monthly charges. 2 The Consumer shall accept liability for this account. 3 Either party may give 4 working days' notice in writing to the other party to terminate this agreement. 4 If the water meter does not in the opinion of PUB correctly register the amount of water supplied to the Premises, PUB shall be entitled to charge such sum as it shall assess and the Consumer shall accept such assessment as final and conclusive. 5 The Consumer shall pay for the water supplied to the Premises at the appropriate water tariff according to the use of the Premises. The Consumer shall notify PUB of the change of use of the Premises within 7 days of such change. 6 The Consumer shall pay a fee on every reminder issued to the Consumer for failure to make payment in accordance with a bill sent to the Consumer. 7 The Consumer shall pay a late payment charge of 1% on any outstanding amount owed by the Consumer, or at such rate as may be gazetted by PUB from time to time. 8 PUB shall not be liable for any failure or inconsistency in the water supply to the Premises whatsoever and howsoever caused. 9 The Consumer’s attention is drawn to its duties and obligations in the Public Utilities Act (Cap 261) and the Public Utilities (Water Supply) Regulations, as amended from time to time. PART II Terms and Conditions of the Contract for the Supply of Electricity by SP Services Ltd ("SP Services") 1 The Consumer shall pay an initial deposit and maintain it at an amount not less than one and a half times the monthly charges. For non-Singaporeans and nonpermanent residents an amount not less than 3 times the monthly charges. 2 The Consumer shall accept liability for this account. 3 Either party may give 4 working days' notice in writing to the other party to terminate this agreement. 4 If the electricity meter does not in the opinion of SP Services correctly register the amount of electricity supplied to the Premises, SP Services shall be entitled to charge such sum as it shall assess. 5 The Consumer shall pay for the electricity supplied to the Premises at such rates of electricity tariffs for the appropriate category of consumer as is fixed by SP Services from time to time. 6 The Consumer shall pay a fee, as is fixed by SP Services from time to time, for every reminder issued to the Consumer for failure to make payment in accordance with a bill sent to the Consumer. 7 The Consumer shall pay a late payment charge of 1% on any outstanding amount owed by the Consumer. 8 SP Services shall not be liable for any failure or defect in the supply of electricity to the Premises whatsoever and howsoever caused. PART III Terms and Conditions of the Contract for the Supply of Gas by City Energy Pte. Ltd. (as Trustee of City Energy Trust) ("City Energy") 1 City Energy has appointed SP Services Ltd to be its agent for the opening and termination of this gas supply account, and the billing, collection and settlement of all charges under this account. 2 The Consumer shall pay an initial deposit and maintain it at an amount not less than one and a half times the monthly charges. For non-Singaporeans and nonpermanent residents an amount not less than 3 times the monthly charges. 3 The Consumer shall accept liability for this account. 4 Either party may give 4 working days' notice in writing to the other party to terminate this agreement. 5 If the gas meter does not in the opinion of City Energy correctly register the amount of gas supplied to the Premises, City Energy shall be entitled to charge such sum as it shall assess. 6 The Consumer shall pay for the gas supplied to the Premises at such rates of gas tariffs for the appropriate category of consumer as is fixed by City Energy from time to time. The Consumer shall notify SP Services Ltd of the change of use of the Premises within 7 days of such change. 7 The Consumer shall pay a fee, as is fixed by City Energy from time to time, for every reminder issued to the Consumer for failure to make payment in accordance with a bill sent to the Consumer. 8 The Consumer shall pay a late payment charge of 1% on any outstanding amount owed by the Consumer. 9 City Energy shall not be liable for any failure or defect in the supply of gas to the Premises whatsoever and howsoever caused. PART IV Terms and Conditions of the Contract for the Collection of Refuse by either Veolia ES Singapore Pte Ltd, Colex Environmental Pte Ltd, Cora Environment Pte Ltd, 800 Super Waste Management Pte Ltd, TEE Environmental Pte. Ltd. and Alba W&H Smart City Pte. Ltd. (collectively referred to as “Refuse Collection Companies”) 1 The Refuse Collection Companies have appointed SP Services Ltd to be their agent for the opening and termination of this refuse collection account, and the billing, collection and settlement of all charges under this account. 2 The Consumer shall accept liability for this account. 3 Either party may give 4 working days' notice in writing to the other party to terminate this agreement. 4 The Consumer shall pay for the refuse collection service performed at the Premises at such rates for the appropriate category of consumer as is fixed by the National Environment Agency from time to time or at such rates determined between the Consumer and the relevant Refuse Collection Company where the Premises do not fall under the Public Waste Collection Scheme and the refuse collection is contracted privately. The Consumer shall notify SP Services Ltd of the change of use of the Premises within 7 days of such change. 5 The Consumer shall pay a fee, as is fixed by the Refuse Collection Companies from time to time, for every reminder issued to the Consumer for failure to make payment in accordance with a bill sent to the Consumer. 6 The Consumer shall pay a late payment charge of 1% on any outstanding amount owed by the Consumer. 7 The Refuse Collection Companies shall not be liable for any failure or defect in the collection of refuse at the Premises whatsoever and howsoever caused. Name: NRIC/FIN: Tel No: E-mail Address: ______________________________________________ Signature of Transferor (Co Stamp if applicable) (Outgoing Customer) Mailing Address: (if different from premises) Name: _______________________________________________ Signature of Transferee (Co Stamp if applicable) (Incoming Customer) NRIC/FIN (Copy of NRIC/FIN is required): For the purpose of application for water, gas and electricity only Tel No: E-mail Address: If you're an e-bill user, your e-bill will be sent to your existing e-services email address Mailing Address: (if different from premises) For Official Use Utility A/C No: ___________________________ Application Collected by: _________________________ Deposit to be billed: $ _______________ Date of Application received: _________________ Appt Date and Time Scheduled: ____________________ Request for GIRO Form � Yes � No Remark: _____________________________________________ Walk-in: 490 Lor 6 Toa Payoh #09-11 HDB Hub Biz Three Lift Lobby 1 Singapore 310490 Hotline: 1800-2222333 Website: www.spgroup.com.sg Version 4.0 / 09 / 25 SP SERVICES LTD (Acting for itself and as agent for and on behalf of PUB and City Energy Pte. Ltd. (as Trustee of City Energy Trust) for the supply of utilities, and as agent for Veolia ES Singapore Pte Ltd, Colex Environmental Pte Ltd, Cora Environment Pte Ltd, 800 Super Waste Management Pte Ltd, TEE Environmental Pte. Ltd. and Alba W&H Smart City Pte. Ltd. in relation to the collection of refuse.) Annex Use of Premises Residential Premises For premises where water supplied are used exclusively for residential purposes including staff housing. 001 Residential 002 Home office scheme 003 Staff housing / quarters 004 Common services of HDB / condominium / private apartment 005 Hostel 006 Boarding House 007 Dormitory 008 Service apartment 009 Child care centre 010 School / education institution 011 Office 012 Retail / services 013 Food and beverage 014 Place of worship 015 Bin centre 016 Carpark 017 Welfare facilities 018 Construction site 019 Residents’ / senior citizens’ corner Commercial Premises For premises which is used for the purposes of or in connection with any trade, business or profession. 901 Residential (for Shophouses only) 902 Home office scheme (for Shophouses only) 903 Staff housing / quarters (for Shophouses only) 905 Hostel 906 Boarding House 907 Dormitory 908 Service apartment 909 Child care centre 910 School / education institution 911 Office 912 Retail / services 913 Food and beverage 914 Place of worship 915 Bin centre 916 Carpark 917 Welfare facilities 918 Construction site 920 Industrial 921 Government / public facilities 922 Medical facilities 923 Warehouse / storage facilities 924 Farm 925 Sports and recreation 926 Common services Walk-in: 490 Lor 6 Toa Payoh #09-11 HDB Hub Biz Three Lift Lobby 1 Singapore 310490 Hotline: 1800-2222333 Website: www.spgroup.com.sg Version 4.0 / 09 / 25
Singapore Polytechnic And SP Group Launch Next-Generation Solar Car For World Solar Challenge 2017https://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/Singapore-Polytechnic-And-SP-Group-Launch-Next-Generation-Solar-Car-For-World-Solar-Challenge-2017
Media Release Singapore Polytechnic And SP Group Launch Next-Generation Solar Car For World Solar Challenge 2017 SP Group adds $2 million sponsorship to groom engineering talent Singapore, 21 July 2017 – Singapore Polytechnic and SP Group today unveiled their most advanced solar car, SunSPEC 5, designed and built by the polytechnic’s students to take part in the biennial World Solar Challenge 2017 in Australia this October. SP Group’s sponsorship of $1 million over 5 years for the team’s participation supports the students in developing innovative green technologies. Three SP Group staff, who are SunSPEC alumni, will also join this year’s team to contribute skills and experience, and serve as mentors to the current student cohort. The SunSPEC 5 edition follows the creation of its predecessor SunSPEC4 in 2015, also supported by SP Group, which beat challenging odds to participate in the race (see Annex 1). It is Singapore’s sole entry in the World Solar Challenge, considered one of the world’s toughest and most competitive solar car races, alongside leading global universities such as the Massachusetts Institute of Technology and Stanford University. The SunSPEC team is competing in the advanced Cruiser Class category which focuses on sustainable transport solutions and will test the car’s practicality and responsiveness to real-world challenges. This year’s car represents another significant stride towards commercially viable applications of solar and energy storage technology. It has leapt forward with integrated dashboard telemetry, a commercial vehicle lighting system and improvements to safety and ride comfort such as sports seats and adjustable steering positions. Over the past two years, more than 60 students across various Singapore Polytechnic Engineering diploma courses have pushed their knowledge and skills to new heights by designing and building two solar cars to withstand the arduous road trip over 3,000km in the Australian outback from Darwin to Adelaide. Besides learning to integrate their different disciplines, such as electrical & electronic engineering, energy systems & management, mechatronics and robotics, the experience hones resilience, creativity and the ability to solve practical problems. $2 million SP Group education sponsorship for Singapore Polytechnic’s SunSPEC engineering students To help develop a core pool of engineers who are ready to drive solutions for a sustainable future, Singapore Polytechnic and SP Group inked a three-year Memorandum of Understanding (MOU), valued at $2 million. This includes the SunSPEC polytechnic and university sponsorships for students who are part of the solar car team. They will secure job placements before they graduate and undergo a customised training programme including theory and on-the-job exposure in critical areas such as electricity and gas planning and operations. Seow Jing Woon, a third-year student from the Diploma in Mechatronics & Robotics, who received the SunSPEC Polytechnic sponsorship, said, “The solar car project enabled me to work with industry mentors, hone my engineering skills, and produce innovative sustainable solutions for the future.” SP Group’s Head of Corporate Affairs, Ms Amelia Champion, who has journeyed with the solar car team since the start of the partnership in 2015, said, “The spirit of innovation, resilience and passion among the students is unwavering from one cohort to the next. They have outdone themselves in delivering the latest SunSPEC solar car, which has pushed the boundaries in engineering and green technology.” Please refer to Annexes for more details: Annex 1: SunSPEC and World Solar Challenge Annex 2: Factsheet on SunSPEC 5 Annex 3: Details on MOU between Singapore Polytechnic and SP Group Annex 4: Key Terms in Chinese Follow the SunSPEC team’s journey on Facebook at https://www.facebook.com/TeamSunSPEC. The team designed and built SunSPEC 5 over a 20-month period – from December 2015. SunSPEC 5 is Singapore Polytechnic’s fifth solar car, and its second two-seater model. Designed and built completely in-house, SunSPEC 5 resembles a futuristic saloon car – albeit one powered by solar cells and batteries. In contrast to the polytechnic’s previous solar models, SunSPEC 5 is designed to perform similarly to a standard commercial car in terms of speed, seating capacity, and range. Incorporating leading-edge technology throughout its engineering, many of the car’s features out-perform commercial variants. For example, SunSPEC 5 weighs a mere 330kg (unladen) – a quarter of an average 1.6-litre car. SunSPEC 5’s drag coefficient of 0.13 is more than 2.5 times more efficient than an average passenger car. SunSPEC 5 uses ultra-low rolling resistance tires which are 6 times more efficient than regular car tires. The car is Singapore Polytechnic’s most technologically advanced and highest performing model to date. This year, SunSPEC 5 will feature new innovative green technologies, including being fitted with ultra-high efficiency silicon solar cells which are more efficient than those used in 2015. The flexible solar panel encapsulation has very low loss and allows the car to absorb indirect sunlight, thereby maintaining cell efficiency. The flexible solar panel is also able to conform to the shape of car for better aerodynamics. SunSPEC 5 is equipped with very efficient Maximum Power Point Trackers to maximise solar array. It is installed with a custom-designed telemetry system to monitor the car’s parameters, allowing team to optimise vehicle performance. The car also features a cruise control mode, which reduces driver fatigue, minimises variation in speeds under manual control, and improves vehicle performance. SunSPEC 5 will be Singapore’s sole representative at the World Solar Challenge; and the only team from a polytechnic, competing alongside leading global universities such as Stanford University and the Massachusetts Institute of Technology. For the second time in Singapore Polytechnic’s participation at the World Solar Challenge, the team will be competing in the more advanced Cruiser Class. In this category, teams are encouraged to design their cars based on practicality and marketability for end-users, innovation and energy consumption. SunSPEC 5 Key Specifications SP Group staff and Singapore Polytechnic alumni Leow Wei Lin, with Singapore Polytechnic student Sheryl Choo and the SunSPEC 5 solar car. Singapore Polytechnic Engineering students in the SunSPEC 5 solar car team Photo credits to SP Group About Singapore Polytechnic (www.sp.edu.sg) Established in 1954, Singapore Polytechnic (SP) is Singapore’s first polytechnic. It has 10 schools that offer 46 full-time courses for close to 16,000 students. SP adopts a proven creative teaching and learning framework and offers students a holistic, authentic and industry-relevant curriculum, innovative and vibrant learning spaces, and enriching overseas programmes. The Polytechnic is committed to producing competent and versatile graduates who are also imbued with sound values, so that they can be work ready, life ready and world-ready. SP has more than 195,000 graduates and among them are successful entrepreneurs, top executives in multi-national and public-listed corporations, and well-known professionals across various industries and leaders in government SP clinched the inaugural ASEAN People’s Award in 2015 for its contributions toward the region’s community-building efforts. SP is also the first polytechnic to be awarded the President’s Award for the Environment in 2010 and the President's Social Service Award in 2011. Follow SP on Facebook at http://www.facebook.com/singaporepolytechnic and Twitter and Instagram at @singaporepoly. About SP Group SP Group is a leading energy utilities group in the Asia Pacific. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia, and district cooling businesses in Singapore and China. SP Group is committed to providing customers with reliable and efficient energy utilities services. More than 1.4 million industrial, commercial and residential customers in Singapore benefit from SP Group’s world-class transmission, distribution and market support services. These networks are amongst the most reliable and cost-effective world-wide. For more information, please visit spgroup.com.sg or follow us on Facebook at fb.com/SPGroupSG Annex 1 SunSPEC 4 Rises From The Ashes It was a near-miracle that SunSPEC 5’s predecessor, SunSPEC 4, took to the roads at the 2015 World Solar Challenge. SunSPEC 4 was destroyed in a fire on 25 August 2015, just three weeks before it was scheduled to be shipped off to Darwin, Australia, for the race flag-off. Undaunted, the Singapore Polytechnic team of 52 students and lecturers worked through nights and weekends to rebuild a new vehicle in four weeks, compared to eight months for the original car. With additional funding and logistical support from SP Group, the team acquired and assembled parts under a highly-compressed schedule. Airfreight saved an extra two weeks, compared to marine freight. SP Group staff – all alumni of Singapore Polytechnic – also provided additional support and mentorship before and during the race in Australia. SP Group recognised the tenacity, determination and passion of the students towards this project and launched the SunSPEC Polytechnic & University Sponsorship scheme, specifically for Singapore Polytechnic students involved with SunSPEC4 and for two subsequent editions of the solar car About the partnership between SP Group and Singapore Polytechnic SP Group and Singapore Polytechnic formalised a SGD $1 million, five-year partnership for the two organisations to collaborate in participating at the World Solar Challenge in 2015, 2017 and 2019. SP Group is contributing funding, manpower, subject-matter expertise, logistics and public education. Singapore Power’s key objectives for this partnership are: Nurture and develop the next generation of engineering talent Innovative sustainable solutions – develop energy-efficiency initiatives and promote the use of renewable and green technology such as solar powered applications and energy storage systems. About the World Solar Challenge The World Solar Challenge is considered one of the world’s toughest solar car challenges, and regularly sees leading global universities such as Cambridge University, the Massachusetts Institute of Technology, and Stanford University participating. The SunSPEC team is competing in the advanced Cruiser Class category which focuses on sustainable transport solutions and will test the car’s practicality and responsiveness to real-world challenges. Participants in this Class race undergo the arduous road trip over 3,000km in the Australian outback from Darwin to Adelaide, using mainly power from the sun, with minimal grid charging. Vehicles operate on actual roads, at road speeds. Annex 2 About the Team & SunSPEC 5 Size 35            35 students, 12 lecturers and 3 SP Group staff Background   Multi-disciplinary team representing expertise from the schools of Electrical & Electronic  Engineering; Mechanical & Aeronautical Engineering; Digital Media & Infocomm Technology and Communication, Arts & Social Sciences The team designed and built SunSPEC 5 over a 20-month period – from December 2015 SunSPEC 5 is Singapore Polytechnic’s fifth solar car, and its second two-seater model. Designed and built completely in-house, SunSPEC 5 resembles a futuristic saloon car – albeit one powered by solar cells and batteries. In contrast to the polytechnic’s previous solar models, SunSPEC 5 is designed to perform similarly to a standard commercial car in terms of speed, seating capacity, and range. Incorporating leading-edge technology throughout its engineering, many of the car’s features out-perform commercial variants. For example, SunSPEC 5 weighs a mere 330kg (unladen) – a quarter of an average 1.6-litre car. SunSPEC 5’s drag coefficient of 0.13 is more than 2.5 times more efficient than an average passenger car. SunSPEC 5 uses ultra-low rolling resistance tires which are 6 times more efficient than regular car tires. The car is Singapore Polytechnic’s most technologically advanced and highest performing model to date. This year, SunSPEC 5 will feature new innovative green technologies, including being fitted with ultra-high efficiency silicon solar cells which are more efficient than those used in 2015. The flexible solar panel encapsulation has very low loss and allows the car to absorb indirect sunlight, thereby maintaining cell efficiency. The flexible solar panel is also able to conform to the shape of car for better aerodynamics. SunSPEC 5 is equipped with very efficient Maximum Power Point Trackers to maximise solar array. It is installed with a custom-designed telemetry system to monitor the car’s parameters, allowing team to optimise vehicle performance. The car also features a cruise control mode, which reduces driver fatigue, minimises variation in speeds under manual control, and improves vehicle performance. SunSPEC 5 will be Singapore’s sole representative at the World Solar Challenge; and the only team from a polytechnic, competing alongside leading global universities such as Stanford University and the Massachusetts Institute of Technology. For the second time in Singapore Polytechnic’s participation at the World Solar Challenge, the team will be competing in the more advanced Cruiser Class. In this category, teams are encouraged to design their cars based on practicality and marketability for end-users, innovation and energy consumption. SunSPEC 5 Key Specifications Dimensions 5m (l) x1.75m (w) x 1.3m (h, max) Body Carbon Fibre Reinforced Polymer (CFRP) body Motor Drive System 2-wheel drive, powered by two – 1.5 kilowatt high efficiency brushless DC motor Top Speed 90 – 100 km/h Drag Coefficient 0.13 Passenger Capacity 1 driver and 1 passenger Power Supply 122V 15 kW Li-ion battery pack – 5m2 of ultra-efficient solar array delivering 1kW (peak), less energy than an electric kettle Unladen Weight 330kg – About a quarter of the weight of an average 1.6 litre family sedan Driving Range A single charge provides a range of 500km – enough to drive a journey from Singapore to Malacca and back Annex 3 MOU between SP Group and Singapore Polytechnic With the signing of the Memorandum of Understanding, SP Group and Singapore Polytechnic will collaborate on the following: Scholarships / Sponsorships / Book Prizes Career and internship Opportunities – To promote a better understanding of the power engineering industry and enhance SP Group’s reputation to the students as an employer of choice Knowledge and Information Sharing – Exchange/Sharing of information, knowledge, ideas within the power sector, and Training Experiences in areas of pedagogy and lesson delivery SkillsFuture Earn and Learn Programmes Jointly Develop and Conduct Courses SunSPEC Polytechnic & University Sponsorship Scheme The SunSPEC Polytechnic & University Sponsorship Scheme is part of SP Group’s strategy to develop a strong engineering talent pipeline. Recipients will secure job placements before they graduate and undergo a customised training programme of theory and on-the-job exposure in critical areas such as electricity and gas planning and operations. Opportunities are provided for the students through structured graduate development programmes like EDGE and LEAP. Engineering Development for GraduatEs (EDGE) Programme Recipients of the SP Group SunSPEC University Sponsorship Award will join the EDGE Programme – a ground-up approach to grooming fresh engineers. Participants will undergo: One-week orientation – Comprises of presentations on SP Group operations, case study discussions, site visits and a leadership and team building programme. Customised one-year structured training – Includes a series of blended training of theory-based lessons, attachments to different parts of the value chain and on-the-job training to accelerate the learning process of new engineers in transmission and distribution operations. Two 2-year job rotations to critical operations of the business. Sponsorship to attain Professional Engineer Certification. Learning Through TEchnical Accelerated Programme (LEAP) The LEAP programme see fresh polytechnic graduates undergo a series of structured blended training which consists of theory-based lessons and on-the-job training, tailored to build a strong technical foundation. Foundation Training – Topics include overview of Singapore’s electricity and gas network, safety, first aid, customer service excellence Core Technical Training – Courses to deepen technical foundational knowledge On-The-Job Training which is aimed to complement classroom training – paired with experienced mentors to perform key operational duties   Annex 4 Key Terms in Chinese
Average-Water-Consumption--CuM-_Nov-23-to-Oct-24.xlsxhttps://www.spgroup.com.sg/dam/spgroup/docs/our-services/utilities/Average-Water-Consumption--CuM-_Nov-23-to-Oct-24.xlsx
Consumption_Water Average consumption of Water (CuM) Premises Types Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 HDB 1-Room 8.0 7.8 7.8 8.0 8.3 8.4 8.1 7.7 7.5 8.1 8.3 7.9 HDB 2-Room 9.6 9.3 9.3 9.3 9.7 10.0 9.5 8.7 8.7 9.4 9.5 9.2 HDB 3-Room 12.3 12.0 12.0 12.2 12.8 12.9 12.0 11.5 11.6 12.4 12.5 12.2 HDB 4-Room 15.5 15.1 15.0 15.5 16.2 16.3 15.3 14.7 14.6 15.6 15.7 15.3 HDB 5-Room 16.9 16.4 16.1 16.7 17.8 17.7 16.7 16.0 15.6 16.9 17.1 16.7 HDB Executive 18.8 18.1 18.1 18.8 19.9 19.7 18.6 17.7 17.7 18.8 19.1 18.5 Apartment 13.7 13.1 12.8 13.1 14.4 14.3 13.2 12.7 12.5 13.1 13.8 13.8 Terrace 26.5 25.2 24.3 25.8 28.0 28.4 24.2 24.1 24.7 25.7 26.7 25.9 Semi-Detached 31.9 30.4 30.0 30.7 34.9 34.6 30.2 28.3 30.0 31.5 33.4 31.4 Bungalow 54.2 48.6 49.4 46.3 59.5 58.1 50.4 42.1 49.6 48.1 54.7 52.4
Media Release - Electricity Tariff Revision For The Period 1 April To 30 June 2014https://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/ad3d1fa4-ba28-4660-8c13-563b9b4a1709/%5B20140331%5D+Media+Release+-+Electricity+Tariff+Revision+For+The+Period+1+April+To+30+June+2014.pdf?MOD=AJPERES&CVID=
31 Mar 2014 For Immediate Release MEDIA RELEASE ELECTRICITY TARIFF REVISION FOR THE PERIOD 1 APRIL TO 30 JUNE 2014 1. For the period from 1 Apr to 30 Jun 2014, electricity tariffs will increase by an average of 0.3% or 0.07 cent per kWh. The increase is due to a 1.3% rise in fuel costs, which was partially mitigated by a reduction in non-fuel costs. 2. For households, the electricity tariff will increase from 25.65 to 25.73 cents per kWh for 1 Apr to 30 Jun 2014. The average monthly electricity bill for families living in four-room HDB flats will increase by $0.26 (see Appendix 3 for the average increase for different household types). 3. SP Services reviews the electricity tariffs quarterly based on guidelines set by the Energy Market Authority (EMA), the electricity industry regulator. The tariffs given in Appendix 1 have been approved by the EMA. _______________________________________________________________________________________________________ Issued by: SP Services Limited 10 Pasir Panjang Road #03-01 Mapletree Business City Singapore 117438 Co. Reg No : 199504470N www.spservices.com.sg ELECTRICITY TARIFFS FROM 1 APRIL 2014 Appendix 1 Appendix 2 BREAKDOWN OF ELECTRICITY TARIFF 1. The electricity tariff consists of the following four components: a) Energy cost (paid to the generation companies): This component is adjusted quarterly to reflect changes in the cost of power generation. b) Network cost (paid to SP PowerAssets): This fee is reviewed annually. c) Market Support Services Fee (paid to SP Services): This fee is reviewed annually. d) Market Administration and Power System Operation Fee (paid to Energy Market Company and Power System Operator): This fee is reviewed annually to recover the costs of operating the electricity wholesale market and power system. Q2 2014 TARIFF Energy Costs 20.46¢/kWh Increased by 0.08 ¢/kWh Generation Companies Network Costs 5.05¢/kWh MSS Fee 0.17¢/kWh Market Admin & PSO Fee 0.05¢/kWh No Change No Change No Change SP PowerAssets SP Services Power System Operator & Energy Market Company AVERAGE MONTHLY ELECTRICITY BILLS OF DOMESTIC CUSTOMERS (TARIFF WEF 1 APRIL 2014) Appendix 3