Wednesday, January 6, 2021

Kick Start Your 2021 with the NEM 3.0

Happy new year. 

Probably it's not too late to wish you a fruitful 2021 after seeing 2020 busted everyone's expectation with the Covid-19 pandemic. It just reiterate the belief that "a man's plan is not God's".

I was browsing through previous postings and one article popped up as I searched for 'Malaysia solar PV 2020'. In 2017, it mentioned that solar PV industry will generate RM70 billion and 50,000 jobs.



Of course it's obvious that this expectation was no where near achievement due to the 2020 being a year ravaged by cov coupled with the tussle for power.


2021 For Malaysia

Year 2021 looks promising though, with the introduction of NEM 3.0 programme. NEM3.0 consist of:

i) NEM Rakyat (domestic), 

ii) NEM GoMEn (Government Ministries and Entities), and 

iii) NOVA programme (Net Offset Virtual Aggregation).















I was particularly interested with the Program NEM Rakyat after missing out on the previous Feed-in Tariff for domestic consumers. NEM Rakyat is aimed at benefitting the domestic end users, maintaining the existing concept of “one-to-one” offset rate. Total allocated  quota is 100 MW.

It is a shame that NEM Rakyat is only available in Peninsula Malaysia for consumers of TNB.

Why not make it available in Sabah?

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