NET ENERGY METERING (NEM)
The Government has introduced the Net Energy Metering Scheme in November 2016 with quota allocation of 500 MW up to year 2020 to encourage Malaysia’s Renewable Energy (RE) uptake. The concept of NEM is that the energy produced from the solar PV installation will be consumed first, and any excess will be exported to TNB at prevailing displaced cost. Energy produced from the installed solar PV system will be consumed first, and any excess will be exported to TNB on a “one-to-one” offset basis.
The NEM 3.0 will be divided into the following three (3) new initiatives/categories :
- NEM Rakyat Programme
- NEM GoMEn Programme (Government Ministries and Entities)
- NOVA Programme (Net Offset Virtual Aggregation)