Malaysia's RE feed-in-tariff lower than other nations due to differing cost structure — Ongkili

Malaysia's RE feed-in-tariff lower than other nations due to differing cost structure — Ongkili
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KUALA LUMPUR (March 30): Malaysia's feed-in-tariff for renewable energy is lower compared to other countries because the operators in those countries apply a different cost structure, the Dewan Rakyat was told today.

"We brought in consultants from the Sustainable Energy Development Authority (SEDA) and held consultations," said Energy, Green Technology and Water Minister Datuk Seri Panglima Maximus Johnity Ongkili.

"We compared with the costs or tariff granted in other countries to ensure a satisfactory return for the capital," he said in response to a query from Nurul Izzah Anwar (PKR-Lembah Pantai) as to why the tariff in Malaysia is lower than that in neighbouring countries.

Nurul Izzah pointed out that Malaysia's feed-in-tariff was US$0.05-0.1 per kilowatt hour (kWh) compared with US$0.13-0.22 in Indonesia and US$0.12-0.19 in Thailand.

Ongkili said Malaysia's renewable energy producers could also earn bonuses other than the regular feed-in-tariff.