Non-performing Feed-in Tariff projects revoked

Energy, Technology, Science, Climate Change and Environment Minister Yeo Bee Yin at the Sirim pavillion at the Ninth International Greentech & Eco Products Exhibition & Conference Malaysia (IGEM 2018) at the KL Convention Centre. On the right is the Deputy Minister Isnaraissah Munirah Majilis.

KUALA LUMPUR: Sustainable Energy Development Authority (Seda) Malaysia has revoked non-performing Feed-in Tariff (FiT) projects in total of 155.7256 MW last month and will release a total quota of 114.5682 MW for eligible applicants to apply.

The small hydro category will have a quota of 74.5682 MW for applications expected to achieve commercial operations by 2020 and 2021. The quota allocated for biogas is 30 MW whereas for biomass is 10 MW; these quota are for applications achieving commercial operations by 2021.

This announcement was made by, Energy, Science, Technology, Environment and Climate Change Minister Yeo Bee Yin at the opening of the International Greentech and Eco Products Exhibition (IGEM) 2018 yesterday morning.

According to Yeo, Seda will also conduct the inaugural exercise of e-bidding for their biogas quota. The aim of the e-bidding process is to create a better pricing efficiency for electricity generated from the biogas resources through healthy competition.

Seda Malaysia will first conduct its gamma testing of the e-bidding system together with the biogas industry on 25th October 2018 and the actual e-bidding will commence on 19th November 2018. Interested applicants can submit their applications through the e-FiT online system (efit.Seda.gov.my) during Q4 of 2018.

Seda will announce the dates of applications one month before the opening period to ensure fairness in the process. — Bernama