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ENEGEM

Supporting transparent and efficient renewable energy trading to advance regional sustainability.

Understanding ENEGEM

In October 2023, the government approved the Cross-Border Electricity Sales for Renewable Energy (CBES RE) scheme, enabling Malaysia to export renewable energy to neighbouring countries.

To bring this initiative to life, Energy Exchange Malaysia (ENEGEM) was established as the official platform for facilitating green electricity transactions under CBES RE. Operated by Single Buyer, ENEGEM provides a transparent marketplace where renewable energy is traded through a competitive bidding process.

The scheme is being introduced in phases. The Pilot Phase began in 2024 via the Malaysia–Singapore interconnection and marked the first flow of renewable electricity under CBES RE.

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