ENEGEM Frequently Asked Questions

The objective of the CBES program is to facilitate cross-border renewable energy (Green Electricity) sales between Malaysia and neighbouring countries, promoting sustainable energy practices and regional energy cooperation.

Presently, the CBES RE Scheme involves Malaysia and Singapore only.

Green Electricity sold during the pilot phase is bundled with Renewable Energy Certificates (RECs) and is physically delivered to Singapore on a flat 24-hour profile, with an annual matching term.

The energy is provided consistently at a flat profile for each trading period. The capacity will be detailed out in the Invitation to Bid (ITB) document and the Renewable Energy Supply Agreement (RESA), which will be emailed to eligible interested parties who has filled in the Expression of Interest Form.

The ENEGEM is a platform that serves as a marketplace for trading and exporting Green Electricity through a bidding mechanism.

The platform is operated by the Single Buyer, which oversees the bidding mechanism and ensures the smooth functioning of transactions.

Interested and eligble parties can engage in the bidding process on the ENEGEM platform by submitting their expression of interest and register as ENEGEM participant.

The pilot phase of the CBES RE scheme involves the sale of 50 MW of Green Electricity, utilising existing interconnection between Peninsular Malaysia and Singapore.

The pilot phase has commenced in December 2024 and spans a supply period of one year.

The ENEGEM Auction 2025 is scheduled to be launched this year, with the auction tentatively set to take place in the fourth quarter (Q4) of 2025. Further details and confirmed timelines will be announced in due course.

Participation in ENEGEM Auction 2025 is open to Electricity Generation, Retailer, and Wholesaler licensees that are registered with the Energy Market Authority (EMA) of Singapore.

Green Electricity traded in the CBES RE Scheme is generated primarily from solar power plants under the Large-Scale Solar (LSS) Programme and hydropower stations registered with the International Tracking Standard Foundation (I-TRACK) system.

The redemption of RECs will be carried out by a party in Malaysia appointed by Single Buyer. This entity is responsible for managing the process of redeeming RECs on behalf of participants.

The CBES RE Scheme is guided by the prevailing Guide for CBES, which outlines the rules, procedures, and requirements for participants.

The Exchange Committee provides oversight over the CBES RE Scheme. The Exhange Committee consists of representatives from ministry, regulator, Single Buyer and Grid System Operator.

The clarification session on the Invitation to Bid (ITB) document will be carried out virtually. Date to be announced.

Minimum number of participant will be decided by the The Exchange Committee.

Syndication with EMA has been done and they are well informed about the stipulated timeframe to obtain the importer's licence and the whole timeline for the bidding process.