Photo by MD Molla from Pexels.
Malaysia launches platform for RE cross-border sale to Singapore
It also opened the auction for the inaugural 100 MW capacity.
The Malaysian government has established the Energy Exchange Malaysia (ENEGEM) platform that will enable cross-border sales of green electricity to neighbouring countries such as Singapore.
In a statement, the Ministry of Energy Transition and Water Transformation (PETRA) said the sales through the platform will follow the “Guide for Cross-Border Electricity Sales” issued by the Energy Commission.
PETRA had invited bidders to participate in the inaugural auction for green electricity through the platform for Singapore involving a capacity of 100 megawatts.
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The pilot is open to renewable energy bidders who hold electricity generation and/or retailer licences for the Singapore Electricity Market.
Interested bidders should register with Single Buyer to participate in the auction. The successful applicants will be notified of participation on the auction day.
The winning bidders will enter into a supply agreement with a Single Buyer for the transaction.
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