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2024-08-23 17:48 | Report Abuse
Electricity grid's third-party access open by September to new RE plants, new demand
By Adam Aziz / theedgemalaysia
26 Jul 2024, 10:49 am
KUALA LUMPUR (July 26): The government is en route to open up third-party access to Malaysia's electricity grid, with the launch of the Corporate Renewable Energy Supply Scheme (CRESS) from September, focusing on green electricity supply.
This means an electricity buyer can negotiate pricing directly with a renewable energy power plant for green electricity supply, according to a statement by the Ministry of Energy Transition and Water Transformation.
However, the statement did not elaborate on the charges that will be imposed for third parties to access the grid.
Currently, end-users are all sourcing their electricity, comprising both conventional and renewable energy-generated electricity, from Tenaga Nasional Bhd (KL: TENAGA) which is also the sole operator of the national grid.
The programme will be open for new renewable energy power plants, focusing on those that are able to provide firm output. Higher access system charges will be imposed on those without firm output, the statement said.
On the consumer side, it is open for new electricity customers of medium and high voltage, and for existing electricity customers — but only covers additional electricity demand.
Another requirement is direct electricity connection through the grid between the power plant and the customer.
“The single buyer and grid system operator will play the role of the market and system operator,” the statement said.
“Tenaga Nasional Bhd will continue to play its role as the electricity utility supplier that will supply electricity generated to consumers consistently within and outside of the period where green electricity is supplied,” the statement read.
“The programme is expected to de-risk and reduce costs of national electricity supply, and provide a fair opportunity for healthy competition among [green energy] developers,” the statement added.
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2024-08-23 17:38 | Report Abuse
The application for the CGPP has commenced from 9 May 2023 until 31 December
2023 or until the total allocation quota of 800MW is fully subscribed.
There are total
of 71 applications received thus far, and the successful Solar Power Producer are listed
below:
No. Solar Power Producer Export Capacity
(MWac)
1. Cenergi EE Holdings Sdn. Bhd. 29.99
2. Coara Solar Sdn. Bhd. 29.99
3. Consortium of Angelaxy Power Sdn. Bhd. and Uzma
Environergy Sdn. Bhd.
12.16
4. Consortium of Atlantic Blue Sdn. Bhd. and TNB
Renewables Sdn. Bhd.
29.99
5. Consortium of Conextone Energy Sdn. Bhd. and ENGIE
Renewable SEA Pte. Ltd.
29.99
👉6. Consortium of JAKS Solar Power Sdn. Bhd., Ann Joo Green
Energy Sdn. Bhd. and Fabulous Sunview Sdn. Bhd.
29.99
7. Consortium of KVC Corporation Sdn. Bhd, Meriah Suria
Sdn. Bhd. and Kuala Berang Solution Sdn. Bhd.
29.515
8. Consortium of Nestcon Infra Sdn Bhd. and Pristine
Multivision (M) Sdn. Bhd.
10.00
9. Consortium of Reservoir Link Renewable Sdn. Bhd.,
Sumitomo Corporation and Maqo Engineering Sdn. Bhd.
29.99.
10. Consortium of Salcon Berhad and KAB Smart Solar Energy
Sdn. Bhd.
7.00
11. Consortium of Savelite Engineering Sdn. Bhd., Blazing
Solar Sdn. Bhd. and TNB Renewables Sdn. Bhd.
29.99
12. Consortium of Shizen Malaysia Sdn. Bhd., HSS Engineering
Sdn. Bhd., Solarvest Asset Management Sdn. Bhd. and
Aziho Trading Sdn. Bhd.
29.99
13. Consortium of Solar Citra Sdn. Bhd. and Total Energies
Renewables SAS
29.99
14. Gading Kencana Sdn. Bhd. 30.00
15. Mega First Power Industries Sdn. Bhd. 29.99
16. Pekat Teknologi Sdn. Bhd. 29.99
17. Sime Darby Plantation Renewable Energy Sdn. Bhd. 14.989
18. Solarcity REIT Sdn. Bhd. 29.99
19. Starken AAC Sdn. Bhd. 10.00
20. Sunway Construction Sdn. Bhd. 29.90
21. Tanah Matahari Sdn. Bhd. 29.99
22. TNB Renewables Sdn. Bhd. 29.99
* Balance Quota – 236.58MW
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2024-08-23 09:15 | Report Abuse
> Total Net Short Position for 21/08/2024 :
15,402,243
> Total Net Short Position for 22/08/2024 :
13,306,519
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2024-08-23 07:53 | Report Abuse
3rd Lies
Stock: [INSAS]: INSAS BHD
hours ago | Report Abuse
During stock bet : Tunepro 0.45 on 10/3/21 , cut win 0.49 on 12/3/21 after 2 days - Why ? .. Lee aka Victor Yong gang in Tunepro since Jun 2020.
>> Lee Posted in Insas on Jan 2022 that sold Tunepro after 2 years ..
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2024-08-22 15:19 | Report Abuse
FelixAndks55CUCKOLD
FelixAndks55CUCKOLD | Joined since 2024-08-22
This account has been banned for violating the Terms and Conditions of Use or Community Standards of this portal.
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2024-08-22 12:39 | Report Abuse
Recap on Wessex Water :
A.) Referred to Annual Report and Accounts 2022-23 :
Financial Highlights :
Revenue £m : 2022-23 530.5 , 2018-19 1547.7
👉Profit Before Tax £m : 2022-23 ( 28.9 ) , 2018-19 134.7
Equity £m : 2022-23 636.5 , 2018-19 824.9
Total Assets £m : 2022-23 4697.5 , 2018-19 3864.9
Net Debt £m : 2022-23 2622.2 , 2018-19 2091.4
Regulatory Gearing : 2022-23 64.3 % , 2018-19 64.7 %
Dividend Yield : 2022-23 5.4 % , 2018-19 8 %
>
👉Profit Before Tax £m : 2022-23 ( 28.9 ) , 2018-19 134.7
👉👉 FY 2022-23 incurred Losses ..where as Previous 4 FY is Profits ..
👉👉Anticipate FY 2023-24 Shl be impacted by Corporation Tax rate increased to 25 % from 19% ..
Note : The current (2023-24) corporation tax rate is 25%, rising from 19% last year .
B.) Over the next 5 years need to pump in Huge Capex as Ofwat requirements :
👉Over the next five years, regulator Ofwat said it would allow companies to increase average bills by 21%, or 94 pounds ($121), to fund an 88 billion pounds infrastructure upgrade.
👉 The water companies said that was not enough to tackle sewage spills, fix leaking pipes and increase capacity for a growing population. They had wanted to raise bills by an average of 33%, to invest 105 billion pounds.
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2024-08-22 12:36 | Report Abuse
YTLpower:
A) QR ended March 2024 :
1.) Gearing Ratio : 1.19X
Borrowings = 29.38 Billion + 1.95 Billion = 31.33 Billion
Cash n bank balances = 8.76 Billion
Total Equity = 18.97 Billion
👉👉No wander FCF Yield is only 1.71% … paid Borrowings n Interest…
B) QR ended June 2024 :
1.) Gearing Ratio = 1.175 X
Borrowings = 30.38 Billion + 2.01 Billion = 32.39 Billion
Cash n bank balances = 8.89 Billion
Total Equity = 20.0 Billion
FCF Yield is 2.18 %
2.) Wessex Water :
FY 2022-23 incurred Losses since FY 18-19 .. bad sign ..
Over the next 5 years need to pump in Huge Capex RM 20 Billion as Ofwat requirements.
3.) Power Generators :
Haha is this YTLpower Plant going to be Phase Out by 2027 .… 1987 to 2023 = 36+
👉. Pulau Seraya Steam Turbine Power Plant
The Pulau Seraya Steam Turbine Power Plant thermal project with a capacity of 1,448MW came online in 1987. YTL PowerSeraya have the equity stakes in the project. It is located in South West, Singapore.
👉What is the service life of power plant?
👉Thermal power plants are designed for an economic lifetime of 30 to 40 years, but some plants have been also used beyond their design life in certain areas. The critical components are the boiler and the turbine.
And :
👉Pulau Seraya Combined Cycle Power Plant
The Pulau Seraya Combined Cycle Power Plant is a 1,472MW thermal project. YTL PowerSeraya owns the project. It was commissioned in 2002. It is located in South West, Singapore.
👉25 to 30 years is a typical expected operating life for a combined-cycle power plant. Extensive maintenance work, component replacements, or failures in the plant's first decade of operation can often be tied to issues with its original engineering, procurement, or construction work.
👉👉2002 to 2023 is 22 years .. Shl be phase out by 2026 to 2031 …
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Stock: [YTLPOWR]: YTL POWER INTERNATIONAL BHD
2024-08-24 18:12 |
Post removed.Why?