kuala lumpur: The planning and implementation of a 10 GW renewable energy (RE) project signed by Malaysian Investment Development Authority (Mida) and UAE company Abu Dhabi Future Energy Company PJSC (Masdar) is a commercial agreement between the two companies. .
Deputy Prime Minister and Energy Transformation and Water Transformation Minister Datuk Seri Fadillah Yusof said in this regard, the joint venture planning and implementation of the project will be decided by both parties.
“However, the government remains steadfast in its policy that approval for the development of renewable energy projects in this country must be done transparently, fairly and in accordance with current regulatory provisions.
“Masdar’s investments, like other renewable energy developers in the country, therefore need to be made through participation in existing renewable energy programs that are currently in place and will be implemented in the future,” he said. Stated.
He said existing renewable energy programs include the Large Scale Solar Power (LSS) program for utility-scale solar power development. Feed-in tariff system for non-solar resource development. A new and enhanced dispatch arrangement program for non-solar resource development. A rooftop solar power generation program for installing solar power generation on the rooftop of a building site.
Mr Fadilla was today responding to an oral question from Mr Yeo Bee Yin (PH-Puchong) regarding the implementation of cooperation in the Dewan Rakyat and who is responsible for RE ‘off-take’.
At the same time, Fadillah said the government has planned and drafted the introduction of Third Party Access (TPA), which would allow developers to use electricity companies’ grid infrastructure to directly supply renewable energy to consumers.
Therefore, he says, an investment firm’s RE offtakers are determined based on the type of RE program in which the firm participates.
“For example, if a company is participating in the LSS program, the energy off-taker will be the power company or Tenaga Nasional Bhd. On the other hand, if the investor is participating in the rooftop solar program, the energy off-taker will be the electricity company or Tenaga Nasional Bhd. The energy off-takers will be the electricity users themselves.
Fadilla explained: “If a company participates in a TPA program in the future, the company user who has a contractual relationship with the developer will be the off-taker of the renewable energy produced.”
Overall, the entry of new capacity by Masdar and other renewable energy developers will be based on government-agreed generation plans and developments and will be done carefully, taking into account all economic, technical and regulatory aspects. should be adjusted, he said.
Mr. Fadila said this approach ensures that intermittent solar installations do not impact the capacity or safety of power grid systems and infrastructure, protect the interests of local renewable energy industry stakeholders, and ensure that the installation is fair and equitable. He said it would be ensured that opportunities and competition would be provided. – Bernama
