KUALA LUMPUR (April 15): Malaysia has set up its very own energy exchange, Energy Exchange Malaysia (Enegem), for cross-border trading of green electricity, which will commence with a pilot auction to export 100 megawatts (MW) to Singapore using existing infrastructure.
The pilot auction will only be open to entities with an electricity generation and/or retailer licence for the Singapore Electricity Market, according to a statement from the Ministry of Energy Transition and Water Transformation (Petra) on Monday.
Interested bidders are to register with the single buyer to participate in the auction, and if successful, will be notified…
