Malaysia plans wholesale power market for large consumers
Data centres would be among the users, while the existing single-buyer market would continue unchanged.
Malaysia intends to set up a separate market for wholesale electricity aimed at large power consumers, with data centres among the intended users, the New Straits Times reported. The plan would leave the current single-buyer arrangement unchanged.
The newspaper cited Rumaizi Abdul Halim, director of market regulation and planning at Malaysia’s Energy Commission. He said households, factories and commercial premises would continue under the existing market. A single operator would oversee the two markets, with discussions about their interaction to follow later.
Malaysia is seeking to establish itself as a regional data centre hub and has drawn artificial intelligence investment from companies including Oracle Corp and Amazon.com Inc.
Alphabet Inc’s Google has also announced plans to invest US$15 billion (RM61.12 billion) in expanding its operations in Malaysia, covering data centres and cloud services.
