Malaysia sets up Energy Exchange Malaysia for cross-border sales of green electricity

PUTRAJAYA: The Malaysian government has agreed to establish the Energy Exchange Malaysia (Enegem) to facilitate cross-border sales of green electricity to neighbouring countries.

The Energy Transition and Water Transformation Ministry, in a statement issued here today, said the setting up of Enegem is in line with Malaysia’s energy transition aspiration and commitment to support regional power integration via the Asean Power Grid Initiative (APG).