PETALING JAYA: Demand for renewable energy (RE) is on the rise following the announcement of the 2025-2027 Regulatory Period 4 (RP4) and the launch of a new RE sub-sector by the local bourse, says RHB Research.
The introduction of the base electricity tariff of 45.62 sen per kilowatt hour, which will be implemented starting in the second half of 2025 (2H25), is said to have factored in an average three-year demand growth of 4% to 5%.
