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Articles

Singapore Budget 2025

Meeting the Nation’s Growing Energy Needs

Picture of Michael Ding

Michael Ding

Global Executive Director, Univers

Singapore’s Budget 2025 underscores the nation’s commitment to achieving net zero by 2050. The S$5 billion Future Energy Fund is a clear acknowledgment that decarbonization is not just about reducing emissions but about rethinking how energy is produced, distributed, and consumed. 

With a target for one-third of Singapore’s electricity demand to be met through imported low-carbon energy by 2035, the shift toward renewables and alternative sources will likely accelerate. Digitalisation and AI for Energy will also play a critical role in optimizing energy distribution, minimizing losses, and ensuring grid stability.

As Singapore integrates more renewable and alternative energy sources, it must ensure that the grid is intelligent, flexible, and resilient enough to accommodate fluctuating supply and demand. A prime example is the Punggol Digital District – the recent lighthouse project that is expected to increase energy efficiency of significant savings of over 50%.

At Univers, we have seen firsthand how the shift to renewables, smart grid technologies and advanced energy storage solutions can improve energy resilience and enhance competitive advantage, all while enabling a more sustainable future. 

Companies that take proactive steps – be it managing multi-site buildings, integrating real-time carbon tracking, or rethinking supply chain and storage through the use of AI – will gain a competitive edge in a world increasingly shaped by environmental responsibility.

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