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Green Energy Policy in Malaysia

Green Energy Policy in Malaysia

Ratings: (0)|Views: 1,235|Likes:
Published by Mahathir Mohmed
Express guide to energy and green energy policy in Malaysia.
Express guide to energy and green energy policy in Malaysia.

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Published by: Mahathir Mohmed on Oct 05, 2010
Copyright:Traditional Copyright: All rights reserved

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04/01/2013

 
Incentives for Renewable Energy, Energy Efficiency and Green Buildings in Malaysia
Ministry of Energy, Green Technology and Water 
 
as on June 2010
targeting manufacturer whowants to generate energy fromits manufacturing's byproduct,prospective RE plant developer & businesses who want to saveon fuel by using REPS, ITA (100%), import duty andsales tax exemption for Sdn.Bhd. & Bhd. companies that gofor RE and EEcompanies that generate energyto sell & for own use gets themost incentives for REenergy services companies thatundertake energy auditingservice activities will get mostincentives for EEapplication for RE and EEincentives shall be made before31 December 2010 and theprojects shall be commencedwithin 1 year after approvalincentives for obtaining GBIcertificate valid between 24October 2009 until 31 December 2014businesses who obtaining GBIfor their building are eligible for 100% tax exemption equivalentto the amount of QEbusinesses & individual whobought GBI certified propertywill get stamp duty exemptionwhile companies are allowed toapply for expatriate posts, theywere encouraged to hire andtrain Malaysian in the same field
KeTTHA listed wind as one of theRE sources, but MIDA does not.Wind energy producers might noteligible for the said incentivesthis document does not specifyforeign equity shareholding limitor eligibility of foreign companiesto apply for the incentivesavailability of same incentives (RE& EE) next year (2011) or thefollowing year will only be knownafter Budget 2011 on October2010
 
Feed-in-Tariff in Malaysia
Malaysia Building Integrated Photovoltaic Project
 
as on July 2010More information available at MBIPV website  REproducers sell maximum30MW electricity to TNB atpremium tariff fixed for fixednumber of yearsintroduced as early as secondquater of 2011TNB will buy electricitygenerated from the following REsources: biogas, biomass, minihydro & solar PV. No wind &solar thermalRE producers are still eligible for other government incentivesTNB will study, including but notlimited to the location,technology employed, financing,& nearest TNB interconnectionpoint to RE producers. TNB alsoimposed certain quotaforeign equity shareholding ofRE producers is capped at amaximum rate of 49%the are capacity limit each year for each RE "to keep the costwithin projected funding"
annual degression rate for solarPV are the highest (8%), whichalso means that solar energyproducers should participate inthis initiative during the first year
of implementation to obtain more
revenue.
 
Small Renewable Energy Power Programme (SREP)
Energy Commission
 
as on September 2010applicable for thefollowing REresources:biomass, biogas,municipal waste,solar, mini-hydro,Theproducer Theplantmust negotiate withTNB on selling price etcwill be given licencefor 21 yearsresponsible for gridconnection and necessarymetering installationMust be 30%Bumiputera-owned andmax 30% foreign equityshareholdingmust located max 10kmfrom nearest grid-interconnected pointexcept for mini-hydrono stand-by chargesback-energy atprevailing tariffgiven preferentialtreatmentcan generate more than10MW but allowed tosell 10MW onlymust be ready 12within month after approvalmust be approved byDoE

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