Friday, November 4, 2011

Sell renewable energy by testing system tomorrow

PETALING JAYA: Those interested in applying for the feed-in-tariff (FiT) system a mechanism that allows individuals and others to sell electricity generated from renewable resources to utility firms are invited to test the e-Fit Online System tomorrow.

The three-day trial run is a chance for the public to familiarise themselves with the system before its Dec 1 launch.

The trial run was announced by Tan Sri Dr Fong Chan Onn, chairman of Sustainable Energy Deve-lopment Authority (Seda) Malaysia, which manages and monitors the FiT programme.

FiT allows individuals or non-individuals to sell electricity generated from renewable energy resources back to power utility firms at a fixed premium price for a specific duration.

The four renewal energy resources that are eligible for FiT are biogas, biomass, small hydropower and solar photovoltaic.

Although allocations for FiT are based on a first-come-first-serve basis through the e-FiT Online System, there are quotas in place for each of the four resources.

According to Seda's website, the quotas are put in place to ensure there is enough funding for FiT payments to those participating as electricity generators.

The rules and guidelines for FiT are as yet unavailable, but a Seda spokesman said they would be put online by month's end.

Testing on will be conducted from 10am on Nov 5 to 5pm on Nov 7.

Users are invited to e-mail their feedback to Seda Malaysia by Nov 8 at
Source: The star

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