SPEED
Discover how SPEED supports pilots of low-carbon technologies in a live, operating environment in Singapore for technologies in TRL 6-8.
Last updated on 1 October 2026
The Singapore Pilots for Energy & Enterprise Decarbonisation (SPEED) Programme is a new national initiative under the Decarbonisation Grand Challenge (DGC). It supports translational Research, Development, and Demonstration (RD&D) efforts in Singapore that could lead to additional decarbonisation options for Singapore's economy.
What Can SPEED Offer?
SPEED offers grant funding of 30% of the project quantum for qualifying climate technology projects in Singapore.
In addition, SPEED will provide intangible support to qualifying companies such as:
Reduced regulatory hurdles: SPEED facilitates work permits, regulatory approvals, and relevant waivers pertaining to your project.
Access to customers: SPEED can connect your company to Singapore's ecosystem of over 4,000 MNCs and the 100+ global energy and chemical firms operating on Jurong Island.
Navigating Singapore’s business, investment, and research landscape: From collaborating with research institutes and EPC partners, to connecting with prospective investors, and planning for scale-up post-pilot.
Does My Project Qualify for SPEED?
Technology Focus Areas
SPEED focuses on decarbonisation solutions between the technology readiness levels (TRL) of 6 – 8, in the DGC Focus Areas.
Criteria
SPEED projects must serve the needs of Singapore in its decarbonisation journey, while also developing the local ecosystem in the long term.
Innovative Work: Projects must involve genuine innovation carried out within Singapore that ideally result in creation of new IP, knowledge, or insights addressing scientific and/or technological challenges.
Capability Development: Projects must result in sustainable, long-term capability development of Singapore's workforce and the development of local research, innovation, and enterprise capabilities.
Local Presence: Foreign companies will need to establish a presence in Singapore and work with Singapore-based companies, institutes, or public agencies.
National Abatement: Supported projects must have the potential to lead to national carbon abatement for Singapore. Projects involving sustainable fuels in the aerospace and maritime sectors would generally not meet this hurdle.
The merits of proposals will be evaluated on the potential to meet Singapore’s needs.
Metric | Desirable | Discussable | Discretionary |
Adoption readiness level (ARL) | ARL 7-9 | ARL 4-6 | ARL 1-3 |
[Decarb] Decarbonisation potential of solution if successfully scaled and deployed at scale | > 0.25 MtCO2e/year within Singapore | > 0.10 MtCO2e/year within Singapore | < 0.10 MtCO2e/year within Singapore |
[Decarb] Decarbonisation cost of solution if successfully scaled and deployed at scale | < S$250/tCO2e | < S$300/tCO2e | > S$300/tCO2e |
[System Enablers] Grid infrastructure improvements | Resolves grid congestion, delays upgrade requirements, or increases grid resilience | Improves speed or land intensity of new infrastructure deployment | - |
Competitive advantage | Unique solution without or significant lead over competition | Innovative solution with clear pathway towards leadership | Minimal differentiation amongst multiple similar solutions |
Demand availability | Clear demand lined up for solution | Potential demand lined up or identified | No clear demand for solution or final product |
Team experience | Deep industry experience in target sector | Some industry experience in target or adjacent sectors | No prior industry or adjacent experience |
Unit economics | Clear plan to reach positive unit economics | Some plans to reach positive unit economics | No plan to reach positive unit economics |
Examples of Ineligible Projects
Not all decarbonisation solutions may result in national abatement or meet the SPEED eligibility criteria.
Scenarios and explanations of ineligible projects
Scenario | Reason for Ineligibility |
|---|---|
Case 1: Deployment of conventional solar with traditional installation methods Singapore-based solar developer deploys silicon solar PV panels for a solar canopy. Supporting structures used are also conventional structures/materials. | Deployment is 'plug-and-play'. No technology delta to be addressed, nor local innovation present. While the cost is expected to be higher than typical installations, both silicon PV and supporting structures have limited technology risks that require Government support via SPEED. |
Case 2: Deployment of new technology for EV charger Singapore-based company collaborates with EV charger technology provider to deploy next-gen chargers with improved efficiency. | Out of scope. Not within focus areas of power and industry. EV chargers would fall under the transport sector, which is out of scope for SPEED. |
Case 3: Pilot of customised integration solution to improve energy efficiency in a factory Foreign manufacturer with a Singapore-based entity deploys highly customised integration solution for the unique processes in its factory to optimise energy efficiency. | Limited decarbonisation potential-at-scale. Solution is customised for the factory’s unique set-up and unlikely to be easily adopted by other manufacturers, limiting adoption. |
Case 4: CO2-to-SAF production Singapore-based energy & chemicals company collaborates with carbon utilisation (CCU) technology provider to pilot CO2-to-SAF production using captured CO2. | Uncertain decarbonisation contribution towards national abatement. Non-permanent CCU pathways are not yet internationally recognised to allow abatement to be accrued to Singapore, as CO2 may be re-emitted. |
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