KUALA LUMPUR: Tenaga Nasional Bhd (TNB) plans to invest RM22 billion for 2022-2024 under the Incentive-Based Regulation (IBR) framework, subject to government approval, to continuously develop the grid of the future into a key enabler of the energy transition.
In support the country’s goal to shift from using fuel to 31 per cent of renewable energy (RE) by 2025, the national grid must be ready to receive renewable energy (RE) to support dynamic two-way energy flow, while maintaining voltage stability, Deputy Minister of Energy and Natural Resources, Datuk Ali Biju said.