$10 million floating lab set up for energy innovation

THE MARITIME EXECUTIVE | The Energy Market Authority, part of Singapore's Ministry of Trade and Industry, and Keppel Offshore & Marine (Keppel O&M) have forged a $10 million partnership to develop distributed energy resources, digitalization and emerging low carbon energy alternatives. A floating lab will be set up in Singapore for testing.

The partners have launched a grant call for solutions relating to energy storage systems and smart power grids for the offshore and marine environment. The solutions should seek to reduce overall energy usage and carbon footprint while enhancing overall operational efficiency. 

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