Singapore’s Energy Market Authority has initiated a competitive solicitation for private-sector firms to build, own, and operate at least 1,800 megawatts of new hydrogen-ready combined cycle gas turbine capacity, with phased commissioning in 2031 and 2032, to meet projected annual peak demand growth of up to 4.8%.
The Energy Market Authority of Singapore has formally launched a Request for Proposal (RFP) to procure new electricity generation capacity that must enter commercial operation in 2031 and 2032. Under the centralized process, successful bidders will finance, construct, own, and operate hydrogen-ready Combined Cycle Gas Turbine units. The procurement targets one unit of at least 600 megawatts by 2031, and as many as two additional units of equivalent minimum capacity by 2032, bringing the total new capacity to no less than 1,800 MW. The authority set submission deadlines of 24 June 2026 for the 2031 unit and 30 September 2026 for the 2032 tranche, according to official disclosures.
The Energy Market Authority is Singapore’s statutory body responsible for regulating the electricity and gas industries, ensuring reliable energy supply, and overseeing market competition. The capacity expansion responds to official demand forecasts showing system peak load rising at a compound annual rate between 2.4% and 4.8% over the coming decade. By 2031, peak demand is projected to fall within a range of 9.6 gigawatts to 11.4 GW.
The growth trajectory is linked to sustained expansion in energy-intensive sectors, notably advanced semiconductor fabrication and hyperscale data center operations, both of which are expected to concentrate further in Singapore over the next 20 years. Combined cycle gas turbines remain central to Singapore’s power system because they provide firm, dispatchable baseload generation that balances the intermittency of solar photovoltaic and the future integration of low-carbon alternatives. Requiring the new units to be hydrogen-ready ensures compatibility with a gradual fuel transition without stranding assets built today.
For developers and infrastructure investors, the solicitation offers a regulated-return opportunity within a transparent, centralized procurement framework. Equipment manufacturers may also see near-term order pipeline visibility across gas turbine and balance-of-plant packages. The timeline of 2031-2032 aligns with the anticipated retirement or cycling-down of older steam turbine plants, making the new capacity critical for maintaining a reserve margin comfortable enough to avoid price volatility. Regional contractors, engineering firms, and fuel suppliers will monitor the structure of the power purchase agreements and hydrogen-readiness specifications closely, as the technical requirements could influence design standards for subsequent ASEAN gas-to-clean-fuels transitions.
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