Private electricity supplies to begin in September 2024
Private electricity supplies to begin in September 2024
Independent energy producers will be allowed to start selling electricity directly to consumers from September, says deputy prime minister Fadillah Yusof.
Fadillah, who is also the energy transition and water transformation minister, said Putrajaya is expected to begin implementing this third-party access in the electricity supply industry in September.
An official announcement will be made in July before it is enforced two months later, he added.
“Other parties can supply energy to their own customers without going through or buying from Tenaga Nasional. They can supply power generation themselves and supply directly to their customers but will need to rely on TNB’s transmission lines,” Fadillah said, according to Bernama.
Initially planned for next year, this initiative was brought forward following foreign investors’ high interest in establishing data centres in Malaysia, which would require high energy sources.
This includes the likes of Chinese companies as well as major players like Amazon and Microsoft Corp, with the latter set to invest RM10.5 billion in cloud and artificial intelligence infrastructure here over the next four years.
Private electricity supplies to begin in September 2024
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