Following the announcement by the Ministry of Energy Transition and Water Transformation in July 2024 (which we covered in our previous Legal Update), the Energy Commission of Malaysia recently launched the much-anticipated Guidelines for Corporate Renewable Energy Supply Scheme (“CRESS“) (“Guidelines“), which sets out the regulatory framework for the participation by renewable energy developers in the scheme.
As a recap, the CRESS is meant to allow renewable energy power producers third party access to the electricity grid to deliver energy directly to corporate consumers in Peninsular Malaysia. Developers who are interested in participating in CRESS may submit applications to do so from 30 September 2024.
This Update provides the key features of the framework under the Guidelines.
- How it works
- Terms relating to the renewable energy developer (RED) and Consumer
- Contractual Framework
- Billing
- System Access Charge
- Excess energy
- Green Attributes/Renewable Energy Certificates
For more information, click here to read the full Legal Update.
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