WEMO24-Compiled Report-Interactive compressed (002) 4154-7882-8116 v.1 - Flipbook - Page 324
MESI 2.0
The Malaysian Electricity Supply Industry (MESI) under the MESI
2.0 initiative, has three key aims, which are to increase industry
efficiency, future-proof the industry, and empower consumers
Metering
Measurement of the various characteristics of electricity or
gas in order to determine the amount of energy produced or
consumed
MyPower
MyPower, (which is a part of Malaysian Energy Supply IndustryMESI) stands for Malaysia Programme Office for Power
Electricity Reform, will design and drive the implementation
of energy reform over the next three years
NAP
National Allocation Plan. List of selected industrial and power
installations with their specific emissions allowance (under the
ETS system)
NEM
The National Electricity Market of Australia interconnects five
regional market jurisdictions – Queensland, New South Wales
(including the Australian Capital Territory), Victoria, South
Australia, and Tasmania.
Natural Gas
Mixture of gases which are rich in hydrocarbons. Gases such as
methane, nitrogen, carbon dioxide etc. are naturally found in
atmosphere. Natural gas reserves are deep inside the earth near
other solid & liquid hydrocarbons beds like coal and crude oil.
NDC
Stands for the Nationally Determined Contributions, it implies
the achievement of long-term goals made under the Paris
Agreement which embodies efforts by each country to reduce
national emissions and adapt to the impacts of climate change.
NEEAPs
National Energy Efficient Action Plans, plans providing detailed
roadmaps of how each Member State expects to reach its
energy efficiency target by 2020
HOME
NEG
National Energy Guarantee was an energy policy proposed by
the Turnbull government in late 2017 to deal with rising energy
prices in Australia and lack of clarity for energy companies to
invest in energy infrastructure.
Nomination
A request for a physical quantity of gas under a specific purchase
or transportation agreement
Non-Domestic Consumers
Commercial and industrial customers, and others
NREAPs
National Renewable Energy Action Plans, plans providing
detailed roadmaps of how each Member State expects to reach
its legally binding 2020 target for the share of renewable energy
in their final energy consumption
NTC
Net Transfer Capacity. NTC is the expected maximal electrical
generation power that can be transported through the tie lines
of two systems without any bottlenecks appearing in any system
WEMO 2024
Merit order
The merit order is a way of ranking available sources of energy,
especially electrical generation, in ascending order of their
short-run marginal costs of production, so that those with the
lowest marginal costs are the first ones to be brought online to
meet demand, and the plants with the highest marginal costs
are the last to be brought online
MSCI ACWI IMI
MSCI (Morgan Stanley Capital Index) ACWI (All Country World
Index) IMI (Investable Market Index) captures large, mid, and
small cap representation across 23 Developed Markets (DM)
and 24 Emerging Markets (EM) countries
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Market Liberalization
The process of removing government control and opening up
the markets to private companies
