LSIS has been selected to implement an independent microgrid project in Singapore, setting a platform to tap the Asian MG market.
LSIS has joined such global companies as GE-Alstom and Schneider to participate in a renewable energy-powered island project on Singapore’s southern island of Semakau. On Oct. 25, LSIS Executive Vice President Kim Won-il and Kristen Sadler, director of the government-funded Energy Research Institute (ERI) signed an MOU pledging to cooperate on the project.
The Singapore government has been pursuing the implementation of the Renewable Energy Integration Demonstrator (REID) project to install a renewable micorgrid to make Semakau energy-sufficient.
The project calls for the selection of four companies to establish four separate microgird sectors and linking them into a single, small-scale power network. ERI, the lead manager of the project, GE-Alstom, France’s largest power company Engie-Schneider consortium has been selected as the successful bidders of three sectors. LSIS has been charged to establish the last sector. The Singapore government and ERI sponsored the Asia Clean Energy Summit that took place at the Sands Expo & Convention Center in Marina Bay form Oct. 25 to 27. LSIS was the sole Asian MG company invited to the event and signed the deal.
Under the agreement, LSIS will serve as the sole energy operator based on such smart energy technologies as energy management system, energy storage system, and photovoltaic power/wind power solutions. The Seoul-based energy solutions and electronic equipment maker will build a test-bed site for the commercial operation connecting other microgrid companies.
The project will last for four years — one year for installation and test-operation and three years for operation and research. The costs for the microgird facilities and installation will be jointly shouldered by the Singapore government and LSIS.
LSIS is to sign a contract next month and plans to make the implementation of the project a success and seize it as a platform to enter the Asian microgrid market, which has huge potential.
Asian countries are paying a keen interest in the successful implementation of the MG project in Singapore, one of Asia’s economic powers. LSIS plans to occupy the MG projects in Asia after being recognized for its smart energy technology capabilities along with global power companies.
LSIS Chairman Koo Ja-kyun was invited as a keynote speaker for the Asia Clean Energy Forum held at the Asia Development Bank last year. At that time, he stressed “energy-sufficient MG island,” as an alternative to meet a explosive increase in power demand, given the thousands of islands in Asia. LSIS has been implementing a project to develop related business models in Korea and abroad.
In Korea, Seogeocha Island in Jindo is pursuing an “eco-friendly DC island” project. LSIS and Ansan City signed an MOU on carbon-zero city buildup project in Daebudo.
“Now that Indonesia and the Philippines are composed of around 17,000 and 7,000 islands, respectively, Southeast Asia is the MG market with a huge potential,” said LSIS Executive Vice President Kim. With LSIS’s participation in the building of a site on equal conditions with global players, the Korean company said it will develop a Southeast Asian-type MG model specialized for islands particular needs to set up competition in the global market, he added.
“Semakau Island is the right place to test-operate a stand-alone type of microgrid and ESS since it is exposed to the hot and humid climate of Southeast Asia, and it is also separated from grid power systems,” said General Manager of LSIS’s Smart Energy Department Ahn Sang-ho.
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A view of Singapore’s southern island of Semakau in which a renewable energy-power project will be implemented to make the island energy self-sufficient.
