Advantages of Malaysia not exporting renewable energy


Dateline 2021-11-18, The Malaysian Reserve (2021 vintage):

THE government is allowing only non-renewable energy (non-RE) exports to Singapore and not allowing private power sales.

There is justification in this as Malaysia could gain by way of foreign direct investments (FDIs), increased job opportunities, competitive advantages and benefits to local RE players.

This decision is both logical and pragmatic as it will benefit Malaysians in what is an environmentally friendly way of living.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: