Lifting of ban important for cross-border electricity trade: Abang Johari

KUCHING: The federal government’s decision to lift the ban on cross-border trade in renewable energy in May this year is pivotal for encouraging cross-border electricity trade for the region. Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg said interconnections are one of the primary ways for the region to achieve regional net zero and […]

ETC 2023 supports low-carbon goals, provides actionable insights on energy transition

KUALA LUMPUR: The two-day Energy Transition Conference (ETC) 2023, on Aug 28 and 29, is expected to provide actionable insights into the digitalisation, technologies, capabilities and policies necessary for the energy transition in the region while supporting Malaysia’s goal to be a low-carbon nation by 2050. Tenaga Nasional Bhd (TNB) president and chief executive officer […]

Fair targeted subsidy mechanism for nation’s energy transition

KUALA LUMPUR: The government’s provision of targeted subsidies is aimed to help Malaysia become more energy efficient while maintaining economic growth and lightening cost pressures on low-income groups. The actual cost of the subsidy to maintain the current electricity tariff, if fully implemented, would reach RM14.9 billion, but with targeted subsidy, the total cost would […]

Malaysia reaches 23% RE installation to date

KUALA LUMPUR: Malaysia has reached 23 per cent installation of renewable energy (RE) and is planning to hit 40 per cent by 2035. The Energy and Natural Resources Deputy Minister Datuk Ali Biju said Malaysia’s transition of electricity supply system towards a low carbon energy system is outlined in the Malaysia Renewable Energy Roadmap (MyRER), […]