{"id":260850,"date":"2024-04-16T14:01:12","date_gmt":"2024-04-16T06:01:12","guid":{"rendered":"http:\/\/www.namnewsnetwork.org\/?p=260850"},"modified":"2024-04-16T14:12:57","modified_gmt":"2024-04-16T06:12:57","slug":"malaysia-sets-up-energy-exchange-for-cross-border-green-electricity-sales","status":"publish","type":"post","link":"http:\/\/namnewsnetwork.org\/?p=260850","title":{"rendered":"Malaysia Sets Up Energy Exchange For Cross-Border Green Electricity Sales"},"content":{"rendered":"\n<p>KUALA LUMPUR, Apr 16 (NNN-BERNAMA) &#8211; The Malaysian government agreed to establish Energy Exchange Malaysia (ENEGEM), for cross-border green electricity sales to neighbouring countries.<\/p>\n\n\n\n<p>The Ministry of Energy Transition and Water Transformation (Petra), said in a statement yesterday that, the move is in line with Malaysia&#8217;s energy transition aspiration and commitment, to support regional power integration via the ASEAN Power Grid Initiative.<\/p>\n\n\n\n<p>The cross-border sales of energy through the ENEGEM platform will be implemented based on the latest &#8220;Guide for Cross-Border Electricity Sales&#8221; issued by the Energy Commission.<\/p>\n\n\n\n<p>The ministry is also inviting interested and eligible parties, to participate in the inaugural auction for the purchase of green electricity from Malaysia&#8217;s electricity supply system, to be supplied to Singapore via the ENEGEM platform.<\/p>\n\n\n\n<p>The auctioning process for cross-border sales of green electricity will commence with a 100 megawatts pilot run, utilising the existing interconnection between Singapore and Peninsular Malaysia, according to the statement.<\/p>\n\n\n\n<p>The ministry believes, the initiation of auctioning via the ENEGEM platform will allow Malaysia to further strengthen its cross-border electricity integration framework, while paving the way for greater renewable energy development and cooperation, on cross-border energy trading between ASEAN (the Association of Southeast Asian Nations) countries.&#8211; NNN-BERNAMA  <\/p>\n","protected":false},"excerpt":{"rendered":"<p>KUALA LUMPUR, Apr 16 (NNN-BERNAMA) &#8211; The Malaysian government agreed to establish Energy Exchange Malaysia (ENEGEM), for cross-border green electricity sales to neighbouring countries. The Ministry of Energy Transition and Water Transformation (Petra), said in a statement yesterday that, the move is in line with Malaysia&#8217;s energy transition aspiration and commitment, to support regional power [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":260852,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[215,288,300,322,286,318],"tags":[],"_links":{"self":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/260850"}],"collection":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=260850"}],"version-history":[{"count":1,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/260850\/revisions"}],"predecessor-version":[{"id":260851,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/260850\/revisions\/260851"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/media\/260852"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=260850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=260850"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=260850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}