The floating power plant at Singapore’s Jalan Besar Port is on track to go live by the end of this month, but the island has had to put up with a number of delays in the months since.
The Singapore government has confirmed that the power plant will begin operation in early 2021, and it is expected to be operational in 2022.
But there has been some concern about the plant’s long-term viability.
In an interview with The Straits Times, former Singapore prime minister Lee Kuan Yew said the cost of operating the floating power station could cost up to $300 million per year.
That figure is likely to rise significantly in the years to come as the project grows in size.
Lee said Singapore had made some progress on the project’s cost reduction measures in the last few years.
He said it was hoped the project would be ready to go by the beginning of 2022.
However, the Government has indicated that Singapore may not be able to keep the floating plant operational for long, as it plans to expand its energy generation capacity.
The floating power project is Singapore’s first large-scale power plant in more than 50 years.
The project is estimated to generate between 7,500 and 8,000 megawatts (MW) of power, according to the latest official figures.
The power station will be situated at the mouth of the Straits, which forms a natural barrier to the Pacific Ocean.
Singapore has a total population of more than 100 million, with nearly half of the population living on the island.