The Future of Power in Singapore: Pathways for the Built Environment

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This afternoon, SGBC held a full-house seminar with SGBC Established Member ENGIE South East Asia Pte Ltd to explore the future of power and pathways for the built environment sector.

As Singapore advances toward its net-zero future, the built environment sits at the heart of the energy transition. The industry experts from ENGIE provided a deep dive into turning energy strategy from a operational cost into a competitive advantage with three key takeaways from the session:

  • Singapore’s Power Market is Evolving: Regulatory shifts, regional imports, and new technologies are creating both risks and opportunities. Understanding these dynamics is the first step to a resilient energy strategy.
  • Virtual PPAs unlock offsite renewables:”For a land-scarce nation, Virtual Power Purchase Agreements (VPPAs) are a game-changer, allowing organisations to procure renewable energy from offsite projects, hedge against price volatility, and meet decarbonisation targets.
  • Integration is Key: The future lies in moving beyond single solutions. Combining solar, energy efficiency, and smart digital systems provides the visibility and control needed to make energy work harder for your business, building resilience and long-term value.

The engaging Q&A and networking reception that followed proved that the industry is ready to collaborate and act. As succinctly summarised by SGBC President Mr. Allen Ang in his opening remarks: “The path to a sustainable energy future isn’t something any one of us can walk alone. It takes collective effort – developers, owners, financiers, engineers, and policymakers – all working together. SGBC is proud to be that connecting platform, driving collaboration and knowledge-sharing across the ecosystem.”