Singapore and Malaysia renew energy cooperation pact
The regulators will collaborate on power and piped gas systems, electricity markets, solar energy and storage.
Energy regulators in Singapore and Malaysia renewed a memorandum of understanding on Oct 26, with cooperation covering electricity trading across borders, regional grid connections and renewable energy certificates. The renewal occurred during the 19th Singapore International Energy Week.
The agreement brings together Singapore’s Energy Market Authority (EMA) and Malaysia’s Energy Commission. Their joint work will cover planning for electricity and piped gas systems and ensuring their reliability, alongside oversight of retail and wholesale electricity markets. Solar energy and energy storage systems are also included.
EMA chief executive Puah Kok Keong said closer cooperation could increase renewable electricity trading, encourage investment in renewable projects and help connect power systems across the region.
The memorandum was initially signed in 2020. Malaysia’s Energy Commission chief executive Siti Safinah Salleh said its renewal reflected the partnership between the regulators. She said regulatory cooperation was essential for reliable and secure electricity supplies, cross-border power trading and the shift to sustainable energy.
