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Welcome to the latest edition of Energy Watch!

The way we power our world is changing.

Here is where readers and industry stakeholders alike,


can get the latest insights, explore the latest
technologies, trends, and dive into a diverse spectrum
of topics in the evolving energy ecosystem of Malaysia,
Southeast Asia, and beyond.

Hear from experts in the industry on their point of view


and stay updated by subscribing to our newsletter.
Incentive-Based Regulations (IBR)
Puts Customers First

Good customer service is a critical element of any


successful business or organisation. When
customers are treated well, they are likely to be
loyal to a service provider. Likewise, in the
Malaysian electricity supply industry, customer
service is a key performance indicator.

To that end, Malaysia introduced the Incentive


Based Regulation (IBR) in 2004 as a breakthrough
electricity tariff framework for the local energy
industry. We speak to Prof Emeritus Datuk Dr.
Marimuthu, the President of Consumers
International, and the Federation of Malaysian
Consumer Association (FOMCA) on ensuring
electricity reliability through IBR for Malaysians.

READ MORE
Low Carbon Mobility, The Future of
Transportation in Malaysia

Malaysia is rapidly urbanising and developing into


a high-income nation which is both inclusive and
sustainable. Thus, it is paramount for the nation
to develop a low carbon alternative to travel that
can adopt to the climate resilient realities of the
global economy.

Addressing viewers at the second iteration of the


Energy Sector Round Table Engagement Session
organised by the Climate Governance Malaysia
(CGM) together with CEO Action Network (CAN)
and hosted by Tenaga Nasional Berhad (TNB),
Puan Normah Osman, the Ministry of Transport’s
Deputy Secretary General on Policy in her keynote
address prefaced the panel discussion by first
highlighting the urgent need for the country to
reduce carbon emissions in the transportation
sector.

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ICPT to the Rescue:
Why This Mechanism Works

The global fuel prices have seen massive


fluctuations of late in light of the pandemic. When
last year’s pandemic was at its peak, the already
weak oil market succumbed further to falling
demand. As such, changes in global fuel prices
directly impacts the electricity tariffs in Malaysia.
This article explores the Imbalance Cost Pass
Through (ICPT) mechanism as well as Kumpulan
Wang Industry Elektrik (KWIE) fund that are
assisting in buffering and absorbing Malaysian's
electricity prices.

READ MORE

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