[ Curated :]
Opposition Member of Parliament for Lembah Pantai and Vice President of Keadilan Nurul Izzah Anwar urged the Malaysian authorities to emulate Thailand’s and Indonesia’s Feed-in Tariffs (FiT) in a bid to help the local renewable energy industry.
In a question in Parliament, Nurul Izzah asked the Minister of Energy, Green Technology and Water about the uncompetitive pricing of Malaysia’s FiT.
She argued that FiT is an incentive system for electricity producers who leverage renewable energy sources, making our energy industry more competitive.
In his answer, KeTTHA minister Datuk Seri Maximus Johnity Ongkili ascertained that our FiT rates were determined with advice from external consultants. If that is the case, why do we not see an increase of investments in RE projects?