SP Group embarking on S$30 million in research and education initiatives with NTU Singapore

SP Group (SP) will be embarking on S$30 million in research and education initiatives with NTU Singapore, to enhance the resilience of Singapore’s electricity network, improve the reliability and efficiency of supply to consumers, and nurture experts for the energy sector.

The collaboration will see the establishment of the SP Group-NTU Joint Laboratory to explore energy-related projects in the areas of asset management and network operations. Located on the NTU Smart Campus, the new joint lab will house 60 researchers, 85 undergraduate and postgraduate students, and serve as a training platform for SP’s engineers. 

Through the joint lab, which SP is setting aside S$20 million to fund, new research topics will be identified which will support SP’s vision to develop solutions for the Energy Grid of the future.

In addition, SP is contributing S$10 million to NTU to set up two endowment funds at the university to support and groom next-generation experts in Singapore’s energy sector.