Singapore's Parliament recently passed changes to the Energy Market Authority Act to enhance the country's energy security and promote the transition to cleaner energy sources. The amendments allow the Energy Market Authority (EMA) to recover costs associated with initiatives aimed at safeguarding Singapore's electricity supply in a climate-friendly manner. These initiatives include energy security, market development, and the move away from pollutive fossil fuels. The amended law enables the government to recover costs from entities directly benefiting from these initiatives, ensuring that any increase in electricity prices is targeted and does not impact the general population. The Ministry of Trade and Industry will oversee the approval process for new rates proposed by EMA, with additional safeguards in place to justify cost recovery measures. Singapore is making significant progress in importing low-carbon electricity from neighboring countries like Cambodia, Indonesia, and Vietnam. The country aims to import up to 6GW of clean energy by 2035, indicating a strong commitment to sustainability. Infrastructure developments, such as transmission cables and waterfront jetties, may be necessary to support Singapore's electricity grid in the future. EMA will collaborate with stakeholders to implement cost recovery measures gradually, aiming to minimize any financial shock to businesses. The regulatory changes also empower EMA to ensure energy security by providing licensees access to critical infrastructure owned by others when necessary. This multi-pronged approach aligns with Singapore's goals of maximizing solar energy usage and exploring alternatives like geothermal and hydrogen to reduce reliance on fossil fuels.