Single buyer - A step forward in Malaysian Electricity Supply Industry reform

This paper describes the historical evolution of the Malaysian Electricity Supply Industry (MESI) leading to the formalization of the Single Buyer. Key MESI reform initiatives are highlighted and a survey on reform in neighboring countries is included. The new functional structure and framework of the Single Buyer is also presented. The MESI's reformed Single Buyer framework includes a new reporting structure and is ring-fenced to enhance transparency and accountability. The Single Buyer Rules and Codes of Conduct ensure the impartial and unbiased operationalization of the power purchase agreements (PPAs) and further strengthen the roles of the regulator. Finally, the significance and relevance of the Single Buyer and its advantages in the Malaysian context are enumerated and discussed.