Key Market Indicators
Singapore's electricity generation is projected to hit 63 Terawatt-hours by 2028, increasing from approximately 58 Terawatt-hours in 2023. This growth represents an average annual increase of 1.4%. Since 1990, the country's electricity supply has expanded at an average annual rate of 1.9%. As of 2023, Singapore ranks 50th globally in electricity generation. Peru has surpassed Singapore with its own production of 58 Terawatt-hours. In the global ranking, the United States, India, and Russia hold the second, third, and fourth positions, respectively.
