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Exporting renewable energy to Singapore

by | Dec 11, 2024 | Business, International

According to Malaysia’s Energy Transition and Water Transformation Ministry, the first cross-border trade of Renewable Energy (RE) from Malaysia to Singapore, with a capacity of 50 megawatts (MW), will begin at the end of December 2024.

The ministry stated that Tenaga Nasional Bhd (TNB), as the national utility company, will supply the green electricity to Singapore via Sembcorp Power Pte Ltd using the existing interconnection network between the two countries.

This is really the result of a competitive bidding process conducted through Energy Exchange Malaysia (Enegem) as part of the ministry’s initiative under the Cross Border Electricity Sales for Renewable Energy Scheme (CBES RE).

The ministry added that Enegem facilitates the procurement and supply of green electricity from Malaysia’s power grid to Singapore via a competitive bidding mechanism that has been approved and given the green light by the Malaysian government.

In addition, 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.

The agenda is a key priority as Malaysia assumes the role of Asean Chairmanship in 2025 and this phased initiative aims to achieve a total capacity of up to 300MW between Malaysia and Singapore.

-THE MALAYSIA VOICE

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