Tuesday, July 2, 2013

Open bidding for solar power Feed-in Tariff

In Malaysia, the 4 renewable energies covered under the government's feed-in tariff  are biogas, biomass, small hydro, and solar PV.

Of these, Solar PV is the most popular and the current first-come-first-served system utilized by SEDA in granting FiT to consumers has so far received some criticism from political figures because of the perceive transparency issues. "The PV quota is snapped up within minutes of opening" seems to be the complaints. This is especially the case for non-individual quota.

So, the Energy, Green Technology and Wa­­­ter Minister Datuk Seri Dr Maximus Ongkili, has an idea: Those intending to cash in on renewable energy (RE) production using solar power may need to go through an open bidding process in the future if demand continues to outstrip the funds available.

Response on solar PV overwhelming

Response to the solar photovoltaic (PV) segment of the Government’s Feed-in-Tariff (FiT) system – which pays consumers monthly for energy sent back into the national power grid – had been overwhelming since it was launched in 2011.

Under the FiT system, which has an annual fund size of RM300mil and currently only applies to the West Malaysia, participating consumers are paid for feeding energy produced using renewable power sources back into the national grid.

For example, a medium-sized house with a 4kW solar PV system can earn around RM550 a month based on monthly generation of 400kWh (units) of power fed back into TNB grid.

Dr Maximus spoke to reporters at the launch of Alliance Bank’s Home Complete PlusSolar Panel Financing scheme at the Sustainable Energy Development Agency office in Putrajaya.

Solar PV, which cover both individual and non-individual categories, accounts for around 41% of the total power production quota set aside under the FiT:-

  • Solar PV (141.58MW)      - 41%
  • Small hydro (99.35 MW)  - 28.8%
  • Biomass (88.89MW)        - 25.7%
  • Biogas (15.53)                 - 4.5%

Solar PV quota a good problem to have?

The minister in charge of energy indicated that this was a good problem to have as the government was keen on increasing the number of households and commercial operations involved in RE production, adding that the quotas would likely be revised upwards if there was a strong enough demand.

That is good but he must also look at the loopholes in awarding solar PV quota, especially with questions raised previously on companies (or companies under the same roof) sweeping most of the quota.


Tedi said...

TQ untuk info ni :)

teh ramuan said...

aku hanya berharap
pengguna sentiasa mendapat bekalan dengan harga yang berpatutan