About About Single Buyer

Single Buyer is the entity authorised by the Minister pursuant to the Electricity Supply Act (ESA) 1990 to conduct electricity planning and manage electricity procurement services for Peninsular Malaysia. Single Buyer plays a key role in promoting efficiency and facilitating competition in the generation sector, hence enhancing the development of the Malaysia Electricity Supply Industry (MESI).

Our main responsibility is to procure electricity from Independent Power Producers (IPPs) and TNB Generation to meet demand at least cost. SB plays an important role in planning and managing generator agreements to ensure supply to the electricity industry is secured, reliable and affordable. 

We prepare demand forecast reports and long-term capacity plant-up plans by optimising fuel type and resources to promote renewable energy to the system and ensure sustainability.

Through our knowledge and expertise in fuel availability and power contracts, we produce medium and short term capacity scheduling plans based on least cost dispatch methodology. SB also houses a technical advisory unit which provides independent advice on technical and industry related matters to related agencies as required.


Evolution of MESI

The Malaysian Electricity Supply Industry (MESI) has undergone several reforms to meet the industry objectives. The objectives are to deliver secure and reliable electricity supply at economically competitive tariffs whilst ensuring environmental sustainability and provides customer satisfaction through customer's choice.
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Renewable Energy Initiatives

Single Buyer is committed in realizing the 20% Renewable Energy Capacity Target by 2025 by considering renewable energy options in performing our planning activities
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Our Main Functions

  • Oversee the development of contract procurement/drafting strategies, including tender invitations, bid evaluations, and contract terms.
  • Manage tendering & procurement of new generation capacity and new market products (e.g. energy storage systems, ancillary services).
  • Develop, negotiate and manage PPAs/SLAs, interconnection agreements prior and up to COD.
  • Manage billing for PPAs/SLAs, NEDA, CRESS and interconnection agreements.
  • Manage contractual issue on technical & commercial[2] (e.g. performance monitoring, compliance, testing, etc.)
  • Manage fuel contracts, arrangements, and provide input and advice to stakeholders on fuel for power sector contracts (Gas Supply Act, GFA, TPA, RGT, Gas Network Code).
  • Produce fuel price forecasts, monitor global fuel markets and supply/demand dynamics.
  • Manage and strategise regulatory submission (IBR) to regulator to secure tariffs and revenue requirement for SB Generation and SB Operations (which includes OPEX and CAPEX) to ensure operational and financial sustainability of Single Buyer.
  • Manage ICPT/ AFA submission to regulator on 6-monthly/monthly basis to ensure any additional/ savings in generation cost is passed-through via the ICPT/AFA mechanism.
  • Perform comprehensive analysis and simulations on cost and tariff impact as per the requests by the stakeholders (i.e. regulator, Govt.) and manage data submission to stakeholders
  • Manage payments to generators, fuel suppliers and vendors as per the agreements (i.e. PPAs, SLAs, GFA and contracts with vendors).
  • Manage procurement and internal financial control of Single Buyer.
  • Manage regulatory submission related to financial reporting, tax and asset management.
  • Manage treasury of Single Buyer which includes cashflow management and daily inflow and outflow transactions.
  • Strategise on Single Buyer financials and provide necessary financial advisory to Single Buyer.
  • Provide legal advisory services on power and non-power purchase projects and agreements, e.g. cross-border, ancillary services, including amendments to legislation and regulations, guidelines, relevant acts to support market & industry reforms.
  • Manage compliance reporting to regulations, licenses, rules, guidelines, audit requirements, etc.
  • Manage people/talent & office administration related matters, policies, guidelines, rules, and regulations, staffing, recruitment, training, grievances, performance evaluation, etc.).
  • Establish, maintain and execute strategy and policy, management of governance & regulatory and risk, including promoting Health & Safety, Integrity.
  • Formulate, review and coordinate activities on strategic business plans and performance monitoring (KPI).
  • Manage stakeholder & corporate engagement, including planning and designing, communication with internal and external stakeholders through customer satisfaction surveys, events, etc.
  • Provide advisory services for industry related matters (e.g. MESI reforms, cross-border trading, green energy programs, ASEAN Power Grid, etc.), on technical appendices related to PPA, technology scanning & assessments on integration of new technologies (e.g. nuclear, HVDC, micro grids, grid forming).
  • Manage Renewable Energy Certificates (RECs) including issuance and verification as per the i-REC Codes, sustainability compliance and reporting on emissions management and carbon reduction.
  • Conduct Integrated System Planning (ISP) regional/location based of demand, supply, resources, fuel and grid integration analysis for medium to long-term horizon, through scenario-based planning and considering national targets, e.g. Net Zero 2050.
  • Conduct detailed analysis through enhanced modelling techniques on drivers that impact demand & supply (e.g. EV, EE, Data Centre, DER, BESS, sustainable grid generation sources) facilitate policy-making decisions.
  • Conduct demand & generation analysis for electricity tariff calculation and fuel (gas & coal) supply planning and adequacy.
  • Manage daily market operation matters from day-ahead to months-ahead forecasting and generation scheduling for fuel and dispatch planning to include VRE forecast, ENEGEM, CRESS, CGPP, NEDA & new technologies.
  • Operate NEDA on technical & commercial matters, i.e. NEDA platform, CGPP & CRESS participant management, NEDA performance reporting.
  • Conduct design research & market intelligence on market changes, new market products and enhancements on electricity market rules.
  • Manage SB IT infrastructure for enterprise & market operation, services including governance, compliance, website.
  • Conduct analysis and monthly outlook for implementation of AFA mechanism.
  • Implement and operate new government program related to electricity industry market.

 

Generation Tariff

Single Buyer Market

Aspiration & Purpose

Latest Updates

Signing Ceremony for the Pilot Phase 1 of Energy Exchange Malaysia (ENEGEM)
09 Dec 2024

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Energy Supply Agreement between TNB and Keppel Signing Ceremony
20 Sep 2024

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SIRIM Surveillance Audit 1/2024
16 Feb 2024

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