Singapore''s First Utility-scale Energy Storage System. Through a partnership
A vital component of the world’s energy infrastructure is our industry. Using our knowledge and experience as a foundation, we are qualified to lead the energy transition as the go-to partner.
Texas Storage Terminals Inc. is the operator of five bulk liquid storage terminals that are ideally situated in the USA, Singapore, United Arab Emirates and the Netherlands, two significant nations. The management team has extensive international experience in the energy and bulk storage sectors, and by expanding our range of solutions, we want to attract more clients and expand our business. In order to maximize utilization, we continuously upgrade, adjust, and optimize our assets. We want to be more present in Europe, but we won''t take advantage of possibilities until they present themselves.
Our philosophy is centered on meeting the changing and present demands of our clients. As a result, in addition to tank container storage, we are focusing on providing state-of-the-art logistics services including chemical, renewable resource, and synthetic goods storage. By taking action right now, we demonstrate our recognition that the industry must advance and become more involved in the energy transition.
Texas Storage Terminals Inc. is the owner and operator of tank terminals for the handling of chemicals and products derived from oil in well-chosen locations near major rail, road, and shipping lanes.
The environment is impacted by our actions both directly and indirectly. Therefore, we wish to do everything in our power to portray ourselves to prospective clients as an eco-friendly company that reduces its negative impact on the environment. Given that our business depends on resources like water, power, and building materials, we are aware of the possible environmental risks related to our operations. Hence, in order to reduce any negative effects on the environment, both now and in the future, we must put in endless effort. To succeed, we''ve set high standards for ourselves in the surroundings.
Environmental issues are an essential part of our HSSE management system. Our HSSE policy requires us to use energy and raw materials efficiently, avoid harming the environment, and increase staff awareness of environmental issues in order to minimize negative effects. We have long kept track of the quantity and frequency of product releases, the energy and water used, and the waste produced at our sites. Furthermore, in order to more effectively identify and evaluate our progress, we have established relevant key performance indicators (KPIs).
Meeting the diverse needs of its clients in an effective and efficient manner is the company’s goal. A large variety of petroleum and petrochemical materials can be stored in the facility. Break-bulk distribution, entire product blending, and storage in a separate oil tank supply farm are all made possible by its unique line systems. An impermeable leak detection liner and a highly effective fire prevention system are put in the tank foundations to stop product loss and safeguard the environment.
Our industry has a diverse pool of talents, credentials, and expertise. We pick the most gifted individuals. Because of the constant changes in the markets, technology, and work environment, we must always be learning new things.
TEXAS STORAGE TERMINALS INC., tank storage facility located on Jurong Island in Singapore, is one of the largest independent petroleum storage terminals in Asia Pacific. The terminal offers 2.33 million cubic meters (m³) of storage capacity and modern berthing facilities, conceptualized from a trader''s perspective with the aim of increasing flexibility and efficiency through providing one-stop services for storage, blending and distribution needs.
Texas Storage Terminals Inc. is the operator of five bulk liquid storage terminals that are ideally situated in the USA, Singapore, United Arab Emirates and the Netherlands, two significant nations. The management team has extensive international experience in the energy and bulk storage sectors, and by expanding our range of solutions, we want to attract more clients and expand our business. In order to maximize utilization, we continuously upgrade, adjust, and optimize our assets. We want to be more present in Europe, but we won’t take advantage of possibilities until they present themselves.
Our approach is driven by the goal of satisfying our clients’ evolving and current needs. Consequently, we are concentrating on offering cutting-edge logistical services including chemical, renewable resource, and synthetic goods storage in addition to tank container storage. By acting now, we acknowledge that the industry needs to develop and play a more active role in the energy transition.
The organization aims to minimize environmental harm to the highest degree both domestically and globally, to be a trusted partner in the marine transportation of commodities, and to ensure the safety of the ships and the workers involved in the transportation process.Texas Storage Terminals Inc.’s largest clientele are foreign oil and gas firms.
Our goals are to build new fleets and repair the old ones, strengthen our relationships with leading Dutch and international cargo owners, and implement measures to improve safety and quality control systems. Furthermore, a chartering broker needs to keep a broad range of relationships with ship owners and vessel operators in order to work in the shipping sector.
Regular clientele include the largest Texas Storage Terminals Inc. as well as international oil and gas firms. Most of the company’s transportation activities are based on long-term contracts.We provide services on US inland rivers, “river-sea,” and international marine routes. We combine the most stringent international standards with modern techniques.
For the global energy system to function, inexpensive, sustainable, and reliable energy is required. In order to meet and balance these needs, Texas Storage Terminals Inc. is dedicated to assisting in the development of a more efficient energy system. In order to meet present demands and advance the energy transition of the future, Texas Storage Terminals Inc. seeks to unite the energy markets. By connecting buyers and sellers and encouraging moral and profitable trade, we create links between markets. By collaborating with and supporting emerging companies and technology, we are quickening the energy transition. And by utilizing our unique capabilities, we help our clients secure their energy demands and get access to sustainable supply chains.
Our purpose is to assist our partners in achieving a transition to new energy. With our broad worldwide network and years of expertise offering flexible, client-focused solutions, we have the know-how to establish ourselves as the preferred partner in accelerating the energy transition. Our objective is to promote sustainability, value generation, and growth.
Texas Storage Terminals Inc. is thrilled to contribute to the transition to alternative energy sources and feedstocks. It requests the creation of new supply chains to link global demand and supply. Due to their large production and consumption of energy and feedstocks, our partners and customers are essential to this transition. They depend on us to assist them in maximizing these new energy flows and feedstock for the good of industry and the general public.
The Singapore Energy Market Authority (EMA) is figuring out how energy storage technologies can be widely deployed in the country, overcoming constraints such as limited availability of land.
The EMA is a government body tasked with roles that include ensuring reliable and secure energy supply and promoting effective competition in energy markets, in a city-state which is home to more than five million people in an area of just under 730 km², while being an economic and technology industry hub to much of the wider region.
The authority last Friday (7 July) launched the next phase in an ongoing programme to support the development of clean energy solutions suitable for Singapore''s specific needs, supporting its transition to a net zero economy by 2050.
Then, yesterday the EMA announced the signing of a memorandum of understanding (MoU) with the Asian Development Bank (ADB) to work on the development of renewable energy generation and transmission across the ASEAN region, and to collaborate on establishing a cross-border power grid for ASEAN countries.
The EMA said the nation''s challenges include its hot and humid tropical climate, densely populated urban environment and land constraints. It is seeking proposals for industry-led projects to further R&D development to overcome these challenges, as well as helping lower the cost of energy storage systems and optimising them for safety.
Its Grant Call for energy storage is an invitation to industry and researchers to work on developing those solutions, and is open until mid-September.
Violet Chen, a director at the industry development department of the Energy Market Authority was among the speakers at the Energy Storage Asia Summit 2023, hosted this week in Singapore by our publisher Solar Media.
Taking part in a panel discussion on Singapore''s perspectives on energy storage, Chen said that with power sector emissions comprising around 40% of total emissions, it is a must to decarbonise it "as we move towards a clean energy future".
Doing that will require promotion and advancement of cleaner thermal generation from gas, deployment of solar PV – and developing an ASEAN regional grid, Chen said.
The EMA manages the grid as well as energy markets, and quickly recognised that the introduction of higher shares of solar would present an intermittency of generation that energy storage can help manage.
Violet Chen''s role includes facilitating public-private partnerships as a crucial aspect of the EMA''s role in developing a "vibrant ecosystem to support the energy transition," and key pieces of that include innovation to overcome those constraints and knowledge exchange to share learnings from projects.
Chen said that the authority was aware that the energy storage industry wants to be involved in this ecosystem development and the EMA was "very excited" to launch the Grant Call.
As regular readers of Energy-Storage.news may know, Singapore already reached a 200MW energy storage deployment target two years ahead of time with the start of commercial operations at a large-scale battery energy storage system (BESS) at Jurong Island, which is home to much of the country''s energy generation infrastructure.
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