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.
Disclaimer
Rajah & Tann Asia is a network of member firms with local legal practices in Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam. Our Asian network also includes our regional office in China as well as regional desks focused on Brunei, Japan and South Asia. Member firms are independently constituted and regulated in accordance with relevant local requirements.
The contents of this publication are owned by Rajah & Tann Asia together with each of its member firms and are subject to all relevant protection (including but not limited to copyright protection) under the laws of each of the countries where the member firm operates and, through international treaties, other countries. No part of this publication may be reproduced, licensed, sold, published, transmitted, modified, adapted, publicly displayed, broadcast (including storage in any medium by electronic means whether or not transiently for any purpose save as permitted herein) without the prior written permission of Rajah & Tann Asia or its respective member firms.
Please note also that whilst the information in this publication is correct to the best of our knowledge and belief at the time of writing, it is only intended to provide a general guide to the subject matter and should not be treated as legal advice or a substitute for specific professional advice for any particular course of action as such information may not suit your specific business and operational requirements. You should seek legal advice for your specific situation. In addition, the information in this publication does not create any relationship, whether legally binding or otherwise. Rajah & Tann Asia and its member firms do not accept, and fully disclaim, responsibility for any loss or damage which may result from accessing or relying on the information in this publication.
