Malaysia eyes launching energy transition roadmap by end-2019

The roadmap could promote peer-to-peer energy trading.

Malaysia is developing a new roadmap for energy transition called the Renewable Energy Transition Roadmap (RETR) 2035 that aims to boost renewables share to 20% in the country’s power mix by 2025.

“The RETR 2035 is still in the early planning stage and is targeted to be delivered by the end of this year,” Minister Yeo Bee Yin said in a speech.

Some of the potential strategies in the roadmap include peer-to-peer energy trading, wherein prosumers (producer-consumers) will be able to sell their excess electricity to consumers through net energy metering (NEM).

Malaysia also eyes giving consumers the option to buy 100% renewables from the power utility and mobilising the market for a mandatory renewable energy certificate (REC) in place of the voluntary REC market.

Separately, Yeo also announced the Sustainable Energy Development Authority (SEDA) has approved 17 solar investor applications to take part in its solar PV investor directory that was launched in January 2019.

Also Read

Carbon market for Asia-Pacific region pushed

India’s MNRE clarifies coverage of ALMM order

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit