Friday, June 24, 2011

Government To Enact Energy Efficient Law Soon

June 24, 2011

KUALA LUMPUR, June 24 (Bernama) -- The Energy, Green Technology and Water Ministry plans to enact an energy efficient (EE) law soon to push for EE in a big way, Minister Datuk Seri Peter Chin Fah Kui said.

He said EE initiatives were in the supply side, while there was so much scope in the demand side currently.

Speaking at the "1Malaysia Gala Dinner in Celebration of the 20th Year of Support to the Malaysian French Business Trade" here, he invited French energy service companies to start operations in Malaysia, especially in initiating EE projects at the demand side.

Chin said the ministry would be launching the feed-in tariff mechanism in September.

He said renewable energy (RE) would be eligible for premium tariffs that would help surge in RE in Malaysia.

"We have projected RE to contribute to 10 per cent of our fuel mix for power generation in 2020," he said.

Chin also welcomed French automotive companies to explore opportunities in the electric vehicle (EV) programme in Malaysia.

He said the ministry had received requests from foreign car companies to facilitate the entry of their EVs here.

-- BERNAMA

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