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Sunrise to Singapore: Powering tomorrow’s demands!
Sun Cable – the immense project that will lay a 4,500 km transmission line to send solar power from Australia to Singapore – is meant to start construction in 2024. This may amount to the ‘Mount Everest’ of what the electrification of the economy requires and involves a huge build out of the transmission and distribution grid to cope with increasing demand for electricity and variable renewable energy. To reach net-zero targets Bloomberg New Energy Finance predicts more than a doubling of current cable mileage will be needed.
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Other facts about the energy transition
Fact 01
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The EV market still has a lot of room to grow!
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Fact 08
Today solar is one of the cheapest sources of power generation!
Fact 09
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Fact 10
The world's most ambitious solar project has a transmission line of 4,500 km.
Fact 11
Fossil fuel subsidies have risen despite the renewable energy surge!
Important information
This information is for informational purposes only and should not be construed as an offer to sell or an invitation to buy any securities or products, nor as investment advice or recommendation. The contents of this document have not been reviewed by the Monetary Authority of Singapore (“MAS”). Robeco Singapore Private Limited holds a capital markets services license for fund management issued by the MAS and is subject to certain clientele restrictions under such license. An investment will involve a high degree of risk, and you should consider carefully whether an investment is suitable for you.
