Singapore’s estimated geothermal resource potential more than 60 times annual electricity consumption: EMA

Singapore's estimated geothermal resource potential is estimated to be more than 60 times its annual electricity consumption, according to preliminary findings from a non-invasive geophysical survey conducted by a consortium of global consultants. The survey found high-temperature geothermal resources several kilometres underground that may be suitable for electricity generation, with current annual electricity consumption standing at around 60 terawatt-hours.

The Energy Market Authority (EMA) stated that further studies will be needed to validate these estimates and determine the feasibility of extracting geothermal energy, with a new phase of studies scheduled to start by the end of the year, covering safety considerations, technical viability, and the cost of geothermal energy production.

Brief written by urgent.news from CNA - Singapore's own syndicated text. Machine-written — may contain errors; check the original before relying on it.