Malaysia to export renewable energy to Singapore from this month

9 Dec 2024 • 1:44 PM MYT
Media Selangor (EN)
Media Selangor (EN)

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PUTRAJAYA, Dec 9 — The first Malaysia-Singapore renewable energy trade, with a capacity of 50MW, will begin this month, said the Energy Transition and Water Transformation Ministry (Petra).

This inaugural supply of green electricity across the border is the result of a competitive bidding process conducted through Energy Exchange Malaysia (Enegem) in June.

“Tenaga Nasional Bhd (TNB), as the national utility company, will supply electricity to Singapore through Sembcorp Power Pte Ltd using the existing interconnection network,” Petra said in a statement today.

The bidding process via Enegem is part of Petra’s efforts under the Cross Border Electricity Sales for Renewable Energy Scheme (CBES RE). This phased initiative aims to achieve a capacity of up to 300MW via the interconnection network between Malaysia and Singapore.

Petra said Enegem facilitates the procurement and supply of green electricity from Malaysia’s power grid to Singapore via a competitive bidding mechanism.

The implementation of CBES RE aligns with Malaysia’s energy transition aspirations and its commitment to supporting regional electricity supply integration initiatives through the Asean Power Grid. This agenda is a key priority as Malaysia prepares to assume the Asean Chairmanship in 2025, Petra noted.

Earlier, a ceremony to sign the Renewable Energy Supply Agreement between TNB and Sembcorp Power was held at Petra headquarters, witnessed by representatives from both governments.

— Bernama

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