Singapore's Tuas Power to raise biomass-fired capacity

Spanish Market: Biomass
07/10/25

Singapore-based independent power producer (IPP) Tuas Power will increase its biomass-fired capacity in or by 2027 by converting some of the co-fired boilers to burn solely biomass, market participants told Argus.

Tuas Power meets about 20pc of Singapore's total electricity demand and sells other services such as steam, high-grade industrial water and wastewater treatment through its Tembusu Multi-Utilities Complex (TMUC).

The company, owned by China's Huaneng Power International, is likely converting its key biomass-clean coal cogeneration plant at the TMUC facility to a 100pc biomass-fired unit, the market participants said. It currently co-fires coal and biomass.

The facility will use imported palm kernel shells (PKS) and domestic wood waste for biomass fuel after the conversion, a trader said, adding that Tuas Power has likely reached out to several trading houses and PKS suppliers for the cargoes.

The utility plans to procure more than 1mn t/yr of imported PKS from southeast Asian countries like Indonesia and Malaysia, and around 300,000 t/yr of domestic wood waste derived from horticultural activities in Singapore, according to market participants.

TMUC's co-fired plant will likely burn more than 1.3mn t/yr of biomass to generate 135MW of power and produce high-pressured steam for industrial sale. The converted units could start operations from around 2027-28, the market participants added.

Argus has approached Tuas Power for comment but it has not responded to queries.

Certification

The project could disrupt the future PKS market dynamics because it could lead to a sharp increase in demand for certified cargoes, according to market participants.

Historically, Tuas Power has never had a mandate for procured PKS to go through third-party certification bodies. But it could be buying certified PKS after the conversion because nearly all market volumes have undergone some level of certification, with very little uncertified spot cargoes left.

This comes as Japanese demand in the certified PKS market records steady growth this year. Meanwhile, consumption is also projected to rise next year because of the many new Japanese power plants coming on line until the end of 2026.

By Joshua Sim

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13/11/25

Cop: Brazil draws R8.8bn to Climate Fund

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Cop: Enviroment groups slam Brazil's TFFF

07/11/25

Cop: Enviroment groups slam Brazil's TFFF

Belem, 7 November (Argus) — Over 100 international environment groups have criticised Brazil's Tropical Forests Forever Facility (TFFF), pointing out flaws to the plan, formally launched this week just ahead of the UN Cop 30 climate summit. Brazil, which has a "very strong policy of public participation when drafting climate policies", did not follow that process when designing the fund , Victor Menotti, a senior fellow at environmental think-tank Oakland Institute, told Argus . Menotti is also the US co-ordinator of a global climate justice campaign. The organisations criticising the TFFF say that the fund does not address the impacts of agriculture, mining or hydrocarbon extraction — adding that these are the "true structural causes of forest destruction". And TFFF's profitability is not guaranteed, the groups said. They also slammed the fund for being a "greenwashing mechanism... and a distraction from the effective fight against deforestation". They raised concerns that "developing countries and civil society will have no decision-making power" on the fund. TFFF would help pay around 80 developing countries $4/hectare (ha) for preserved tropical forests, Brazil has said. "If you own land and you're deciding whether to grow soy or [farm] cattle, is $4/ha enough?", Menotti said. "I don't know where they got that figure." TFFF's main investment plan comes from emerging country bonds, he added. "So that means [individual people] are paying for it." Several countries have endorsed TFFF so far , with Norway, Indonesia and France pledging a combined $4.5bn, Brazilian government officials said on Thursday. Colombia pledged $250mn, the Global Strategic Communications Council said. And Brazil pledged $1bn to the fund in September . Portugal and the Netherlands made smaller contributions to cover the fund's operational costs. Germany has said it will contribute to the fund, but is yet to announce how much. Deforestation will be a key topic at Cop 30, which begins on 10 November in Belem, northern Brazil. The issue was addressed at the Cop 26 and Cop 27 summits, in 2021 and 2022, but beyond the pledges, the EU's deforestation regulation is most likely to have direct consequences, particularly for agricultural commodity producers. By Lucas Parolin Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Japan's firms to cut CO2 emissions at Cirebon plant

21/10/25

Japan's firms to cut CO2 emissions at Cirebon plant

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Brazil to generate carbon credits through forests

20/10/25

Brazil to generate carbon credits through forests

Sao Paulo, 20 October (Argus) — Brazil will generate carbon credits through conservation and restoration projects in public forest concessions, the government said. Brazil's president Luiz Inacio Lula da Silva signed a decree on 17 October that allows projects to adopt internationally recognized certification methodologies to generate credits in the Brazilian emissions trading system (SBCE). With this law, private initiatives managing public forests will be able to choose the certification method under the reducing emissions from deforestation and degradation (REDD+) framework, instead of just the national regulation system. The certification enables international recognition to transfer carbon credits in the global market without renouncing national regulations, according to the environment ministry. It also allows for predictability and legal security that can help draw private investments into Brazil's climate agenda. Brazil established the extraordinary secretariat for the carbon market within the finance ministry on 15 October. The secretariat aims to promote sustainable development and consolidate the decarbonization market by 2030, but faces hurdles such as establishing criteria for carbon credits and guidelines for monitoring. Brazil's nationally determined contribution under the Paris Agreement aims to end deforestation and restore 12mn hectares of degenerated forests by 2030. By João Curi Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Deforestation spike in 2024 risks 2030 goal

15/10/25

Deforestation spike in 2024 risks 2030 goal

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Singapore's Tuas Power to raise biomass-fired capacity

Certification

Related news posts

Cop: Brazil draws R8.8bn to Climate Fund

Cop: Brazil draws R8.8bn to Climate Fund

Cop: Enviroment groups slam Brazil's TFFF

Cop: Enviroment groups slam Brazil's TFFF

Japan's firms to cut CO2 emissions at Cirebon plant

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Brazil to generate carbon credits through forests

Brazil to generate carbon credits through forests

Deforestation spike in 2024 risks 2030 goal

Deforestation spike in 2024 risks 2030 goal

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