• mGATS is a one stop platform for interested customers to seek information about green electricity and acquire mREC

• mGATS aimed to support the nation’s National Energy Transition Roadmap (NETR) to increase Renewable Energy (RE) capacity through providing green certification to customers

• Renewable Energy Certificate (REC) is a certificate that represents the delivery of 1 MWh of renewable energy to the grid and all associated environmental benefits of displacing 1 MWh of conventional power. Companies wishing to meet their sustainability goals may choose to purchase RECs as part of their renewable energy sourcing portfolio REC is a form of carbon offset for emission coming from grid electricity under GHG Protocol Scope 2.

• mREC is a branding for all RECs that is redeemed by TNBX for customers in Malaysia. mREC logo is trademarked by TNBX.

• mREC is redeemed from an internationally recognised registry that provides credibility of your electricity coming specifically from a renewable energy generator. Presently, the internationally recognised registry used is by I-REC Standard. I-REC registry is recognised by all major standards and campaign such as Carbon Disclosure Project (CDP), Greenhouse Gas (GHG) Protocol and RE100.

• mGATS helps customers to acquire mREC, in which mREC would be able to provide clear information on the source of green energy. With mREC, customers can couple it with their electricity bills to make claims of green electricity and emission avoidance for their electricity carbon footprint under GHG Protocol Scope 2 emissions.

• Reselling of mREC is not possible as it will be retired directly to the purchaser by TNBX.

• This is necessary to ensure mREC is not traded extensively and serves only the local market in Malaysia.

• mREC is redeemed from an internationally recognized registry that provides credibility of your electricity coming specifically from a renewable energy generator. Presently, the internationally recognized registry used is I-REC Standard. I-REC registry is recognized by all major standards and campaign such as Carbon Disclosure Project (CDP), Greenhouse Gas (GHG) Protocol and RE100.

• Presently, there is no incentives available for the REC purchase.

• No, mREC purchased via mGATS is separate from TNB bills and there will be no ICPT surcharge exemption.

• Generally, the payment collected from the mREC purchase will be channeled back to the asset/attribute owners.

• The sales proceeds from the REC bidding will be used for the implementation of renewable energy development programs and initiatives, particularly in increasing renewable energy capacity such as the Solar for Rakyat Incentive Scheme (SolaRIS) programme.

• No, presently, mGATS is only open for organization/corporate/non-residential customers. Customers must have a valid ROC to register an account which is registered to Suruhanjaya Syarikat Malaysia (SSM).

• mGATS is open for all corporate customers.

• However, mREC will only be retired to customers residing only in Malaysia, including Sabah and Sarawak.

• Yes, mREC from different sources will be available from time to time for auction.

• mGATS will offer mREC from different sources in phases.

• However, presently mGATS will only be auctioning for mRECs coming from Solar and Large Hydro in Malaysia.

• Kindly contact TNBX directly for more info on this.

Presently, cost involved for purchasers is only the final winning bid price and stamp duty for agreement (if applicable).