Bill On Renewable Energy Underway, Says Peter Chin

Posted on July 6, 2010. Filed under: Energy |

(Bernama) — The Government is drafting the bill on renewable energy to make way for more aggressive development of energy in the country.

Minister of Energy, Green Technology and Water, Datuk Seri Peter Chin Fah Kui said the Act, which is expected to be enacted early next year, will also introduce the implementation of the Feed-in Tariff mechanism.

He said the move was in line with the government’s aim of achieving a capacity of 2,080 MW in renewable energy by 2020.

“The Attorney General is currently fine-tuning the bill.

“We are confident of the bill being tabled for debate and approval during the Dewan Rakyat sitting this October,” he told reporters after officiating the international summit on Advances in Renewable Energy Technologies (ICARET 2010) here Tuesday.

Earlier, in his speech, Peter said the government was continuously looking and exploring new ideas and strategies to accelerate green technology advancement in the country.

“We will announce from time to time the incentives and packages made available by the government to the stakeholders and interested parties for this sector.

“We have plans to make Malaysia a leading player in the world on green technology and we must get support from all quarters to achieve this,” he said.

He also said the ministry would be organising the International Greentech and Eco Products Exhibition and Conference Malaysia (IGEM) in Kuala Lumpur for four days from October 14 to further project Malaysia in the green technology field.

He said the conference would offer a unique opportunity for Malaysia to showcase to the world the latest green technology and eco-products available in the market.

“The objective of IGEM is to create greater awareness and promote the importance of green technology as well as to encourage our industries to be innovative and in the fore-front of the green growth,” he said.

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