Building on our inaugural RECs auction held in June this year, BCX is expanding its offerings to include Malaysian generated solar, bioenergy and small hydro RECs for our final year-end auction.
By providing a reference price for the market, BCX aims to encourage broader participation from buyers and sellers, fostering a transparent and accessible RECs market in the country.
Join us for our year end auction. The salient details are as below:
| Date: | Thursday, 28 November 2024 |
| Time: | Malaysia time (MYT) |
| Bidding Window: | 1st Session - 10.00am to 12.00pm 2nd Session - 2.00pm to 4.00pm |
| Contract Types: | Solar REC Contract (SRECv24) Bioenergy REC Contract (BRECv24) Hydroelectric Renewable Energy Certificate (HRECv24) |
| Reserve Price: | SRECv24: RM23.00 BRECv24: RM5.70 HRECv24: RM17.00 |
| Minimum Volume: | 1000 RECs (With minimum incremental bid of 1 REC). |
| Onboarding: | Entity must first be onboarded as an Approved Participant of BCX. |
| Bidding Process: | Full pre-funding of amount required to cover the bid and transaction costs. Sealed bids will be submitted by bidders via BCX’s auction system. |
| Allocation: | Allocation ranking will be prioritised by price-volume-time basis. All participants will pay the same clearing price, once allocation is completed. Terms and conditions apply. |