Tenaga Nasional Berhad announced a major milestone today by exporting its maiden renewable energy (RE) supply to Singapore at 11:30 am this morning (13 December) marking a momentous occasion in fast-tracking ASEAN's energy transformation.
The inaugural cross-border RE supply from Malaysia to the island-state came about just four days after TNB and Singapore's licensed electricity importer, Sembcorp Power Pte Ltd inked a Renewable Energy Supply Agreement (RESA) on 9th December, 2024.
Under the agreement, Singapore has agreed to import 50 megawatts (MW) of green energy issued with Renewable Energy Certificates (RECs). The 50MW is the result of a bidding process conducted through Energy Exchange Malaysia (ENEGEM) in June.
The arrangement forms part of the Cross-border Electricity Sales for Renewable Energy (CBES RE) Scheme which is aligned with the ASEAN Power Grid (APG) initiative and Malaysia's energy transition goal.
"This first-ever RE export with RECs into Singapore is part of PETRA's initiative under the CBES RE Scheme. This was made possible with the support and facilitative efforts of Energy Commission, TNB, Grid System Operator, Single Buyer the operator of ENEGEM, and Sembcorp," said Akmal Nasrullah.
TNB President/Chief Executive Officer Datuk Ir. Megat Jalaluddin Megat Hassan said, the 50MW energy exports will fortify Malaysia's decarbonisation efforts by spurring new investment in the generation of large scale RE by TNB and other energy players.
"As it is, the interconnection capacity between Malaysia and Singapore stands at 1,000MW. Of this, 300MW is allocated for the CBES RE Scheme and 200MW for the Lao PDR-Thailand-Malaysia-Singapore Power Integration Project (LTMS-PIP) Phase 2. Only 50MW is being exported under the CBES RE for now."