Malaysia's CRESS initiative to grant third parties grid access from September

Malaysia will launch CRESS program in September, allowing third parties to access the power grid without going through the state-owned company, TNB. (Photo: TNB)

Malaysia's electricity market is gradually moving toward liberalization, with the Corporate Renewable Energy Supply Scheme (CRESS) expected to launch in September. This initiative will allow third parties to use the existing grid, making it easier for corporate users to access green energy and enabling them to negotiate directly with power producers, bypassing the national energy company, Tenaga Nasional Bhd (TNB).