Energy

Govt To Announce New Scheme To Replace Net Energy Metering 3.0 Programme This Month

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Govt To Announce New Scheme To Replace Net Energy Metering 3.0 Programme This Month

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Malaysia's government is finalizing a new solar energy scheme to replace the Net Energy Metering (NEM) 3.0 program. Expected to be announced this month, the scheme aims for a more equitable energy subsidy distribution and reduced reliance on subsidies. It may be a hybrid of NEM and self-consumption (SelCo) models, or a completely new program. Deputy Prime Minister Fadillah Yusof highlighted the Community Renewable Energy Aggregation Mechanism (CREAM) as a potential model, enabling community-based solar energy management and access.

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