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On 20 September 2024, the Energy Commission issued the Guidelines ("Guidelines") for the Corporate Renewable Energy Supply Scheme (CRESS) which was introduced earlier this year. The CRESS aims to promote the adoption of green energy amongst corporate companies in Peninsular Malaysia by allowing participants to supply or purchase electricity through open access to the grid network system with a predetermined system access charge.
The CRESS is the Malaysian Government's latest initiative to achieve a 70% renewable energy in the capacity mix by 2050. Past efforts included the Corporate Green Power Programme (CGPP), Large Scale Solar (LSS), and the Net Energy Metering Scheme.
The CRESS is open for application starting from 30 September 2024. The new Guidelines sets out the conditions for participation and the roles and responsibilities of participants.
Click here to read the full alert.
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