#DRAFT 2 Technical Report
Introduction 1.1 Background Land Transport Authority (LTA), released a yearly vehicle statistic in 2018 regarding the motor vehicle population in Singapore along with the types of fuel used by the vehicles as shown in Figure 1. The statistics showed clearly that over the past 10 years, there is only a slight increase in the electric vehicles(EVs) population while petroleum, diesel and petrol-electric operated cars increased largely. With the growing amount of fuel consuming vehicles, the consumption of oil in Singapore has also increased greatly over the past 10 years. According to Census and Economic Information Center(CEIC) data, it was reported that Singapore’s Oil consumption was 1,448.792 Barrel/Day in December 2018 which is 2.1 percent more than that in Dec 2017 as shown in Figure 2. Singapore’s Oil Consumption data was updated annually, with an average of 457.718 Barrel/Day from Dec 1965 to 2018. This means that a vehicle is consuming at least 166,805 Barrels/Year. Howev...