RE FINANCING WORKSHOP BANK NEGARA MALAYSIA 12TH APRIL 2012 Ir. Ali Askar Sher Mohamad Chief Operating Officer SEDA COMPONENTS OF FEED-IN TARIFF ONLINE SYSTEM FiT application Digital Dashboard Show available capacities List of applications & status Installed RE Applications Contact Us RE Industry Directory Links to Partnership RE Pricing charts FAQs Resources Guidelines Trainings, events Publications Other links Announcements Core Function Supplementary Functions Page 2 CONCEPT OF FEED-IN TARIFF APPLICATION Online Web Application for Public + e- payment for fee Backend Office Processing of Applications for SEDA Partner Logins for Verification Banks (proposed) Insurance Companies (proposed) Suruhanjaya Tenaga TNB/SESB Online Web Viewing on FiT information Secured access RE Developers Page 3 E-FIT MODULES 1. FIT Application 4. FIT Quota Balancing 3. RE Tracking & Monitoring 6. Statistics & Reports 5. Financial: RE Fund Balancing 2. Projects Files Page 4 THE FIT APPLICATION PROCESS RE DEVELOPER ACCOUNT CREATION First time login RE Developer/Agent to create project account RE Developer/Agent to provide username Password sent directly to RE Developer Continue? Save to SEDA database No - Exit Start e-Application Information required: Business registration number or individual NRIC/Passport number RE technology or source (e.g. Biomass, Biogas, PV, Small Hydro or Solid Waste) Site address or location Note: RE developer is advised to sign agreement with Agent to avoid disputes after getting the quota Yes E-APPLICATION FOR QUOTA Enter e-application Quota available? No Submit application and receive notice of successful submission Yes Documents verified, payment uploaded No FIA granted Yes RE Developer is obliged to update the status of project management until RE system is finally commissioned Among the documents required: Engineering design Proof of ownership Proof of secured feedstock/water rights Proof of Finance and Equity Utility approval for grid connection Certificates of Qualified Persons Declaration form Annual RE Quota 2012-2014 7 Year Biogas Biogas - Sewage Biomass Solid- Waste Small Hydro Solar PV < 1MW Solar PV > 1MW Total MW MW MW MW MW MW MW MW 2011/ 2012 20 10 60 20 30 10 40 190 2013 20 10 50 30 30 10 40 190 2014 20 10 50 30 90 10 40 250 THE FIT QUOTA AS AT 5 TH APRIL 2012 Available MW installed capacity for FiT Application 2011 / 2012 2013 2014 H1 H2 H1 H2 H1 H2 Biogas 10 5.65 10 10 10 TBA Biogas ( Landfill / Sewage ) 0 0.88 0 5 5 TBA Biomass 8.81 5.58 6.62 9.79 18.94 TBA Biomass ( Solid Waste ) 3.71 10 15 15 15 TBA Small Hydro 3.10 12.02 4.67 6.04 29.36 TBA Solar PV Individual (< 12 kW) 0 0 0.29 2.18 2.49 TBA Non-individual (< 500 kW) 0 0 0 0 0 TBA Non-individual (> 1 MW, < 5 MW) 0 0 0 0 0 TBA - 200 400 600 800 1,000 1,200 1,400 2 0 1 1 2 0 1 2 2 0 1 3 2 0 1 4 2 0 1 5 2 0 1 6 2 0 1 7 2 0 1 8 2 0 1 9 2 0 2 0 2 0 2 1 2 0 2 2 2 0 2 3 2 0 2 4 2 0 2 5 2 0 2 6 2 0 2 7 2 0 2 8 2 0 2 9 2 0 3 0 2 0 3 1 2 0 3 2 2 0 3 3 2 0 3 4 2 0 3 5 2 0 3 6 2 0 3 7 2 0 3 8 2 0 3 9 2 0 4 0 2 0 4 1 2 0 4 2 2 0 4 3 2 0 4 4 2 0 4 5 2 0 4 6 2 0 4 7 2 0 4 8 2 0 4 9 2 0 5 0 R M - m i l l i o n Annual RE Fund vs Annual FiT Cost Annual RE Fund Annual FIT Cost UNDERSTANDING HOW THE QUOTA WORKS Final RE Fund Collection (2030) Last REPPA (FiT) (21 years) First REPPA (FiT) (21 years) RE Fund start RE Fund increment 2 0 4 8 The quota (MW) allocated for each RE technology for each year is based on the: (i) availability and (ii) cash flow management of the RE Fund. FINANCIAL FEATURES OF THE FIT RE Power Purchase Agreement (REPPA) to be signed by the Feed in Approval Holder (FIAH) with the Distribution Licensee (DL) is standardized Rate is fixed Period is fixed No negotiations with the DL DL is required by law to sign the REPPA within 30/60 days Upon completion of the plant, DL is required by law to connect to the grid and buy the generated power Reliability run and testing and commissioning procedures are streamlined and clear DL is required to connect within 30/60 days of written notice by FIAH FIAH has to declare the expected annual generation for each year throughout the REPPA period to be sold to the DL during the application stage This forecast cannot be changed after submission FIAH can only sell maximum 100 % of declared generation at FIT rate 10 % above maximum can be sold to DL at displaced cost (19 sen per kWh at present) Above 110 %, selling price is subject to negotiation between FIAH and DL and approval by SEDA No penalty if unable to meet generation forecast for installations with net export capacity < 10 MW or PV installations with installed capacity < 12 MWp LD only for installations > 10 MW net export or > 12 MWp for PV if unable to meet 70 % of declared annual generation However, SEDA will withdraw FIT if installation unable to supply 35 % of declared annual generation for any capacity FIAH is encouraged to take insurance against the plant not meeting forecast generation DECLARED ANNUAL GENERATION THE REPPAs Renewable Resource Form Capacity Biogas Form BG1 Net export capacity of up to and including 10 MW Form BG2 Net export capacity of above 10 MW and up to and including 30 MW Biomass Form BM1 Net export capacity of up to and including 10 MW Form BM2 Net export capacity of above 10 MW and up to and including 30 MW Small Hydropower Form HP1 Net export capacity of up to and including 10 MW Form HP2 Net export capacity of above 10 MW and up to and including 30 MW Solar PV Form PV1 Rated kWp of up to and including 1,000 kWp Form PV2 Rated kWp of above 1,000 kWp and up to and including 12,000 kWp Form PV3 Rated kWp of above 12,000 kWp and up to and including 30,000 kWp and utilising solar photovoltaic technology as its renewable resource FEATURES OF THE REPPAs REPPA PV 1.pdf REPPA PV 2.pdf THANK YOU PEOPLE FIRST, PERFORMANCE NOW! aliaskar@seda.gov.my