$Uranium Royalty Corp (URC.CA)$ Singapore — which currently ...

$Uranium Royalty Corp(URC.CA)$
Singapore — which currently generates 95% of its electricity from natural gas — wants to decarbonise its power mix but its tiny land area means it has few domestic options. It’s being forced to look offshore instead, and is aiming to bring in around 30% of its electricity by 2035.

The plan got off to a rocky start last year when neighbouring Malaysia banned exports of renewable electricity to prioritise its own efforts to decarbonise. Talks are also underway on building an undersea cable to bring in solar power from the north of Australia, and the city-state is keeping its options open on nuclear energy.