18
January
2024
|
09:48
Asia/Singapore

How move towards renewable energy will affect our bills

Energy tariffs in Singapore are set to increase this coming year by around 4 per cent due to several factors, including rising carbon tax, which is the price tag of using fossil fuels as a source of energy.

Dr David Broadstock, Senior Research Fellow and Energy Transition Lead from the NUS Sustainable and Green Finance Institute, shares how Singapore’s push for greener alternative energy solutions such as solar energy and green hydrogen, and recent research breakthroughs that provide cheaper and more efficient options of generating renewable energy, could help drive down energy prices in the time to come.

Read more here.