Legal Updates for March 2024

Upcoming Cyber Security Act: What You Need To Know

On 25 March 2024, the long-awaited Cyber Security Bill 2024 ("Bill") was tabled in Parliament by the Minister of Digital, Gobind Singh Deo. The Bill seeks to introduce an overarching cyber security legislation to enhance national cyber security.

This Update aims to provide a brief overview of the key principles of the Bill and how to stay ahead of the upcoming regulatory changes.

Low Carbon Energy Generation Programme

On 26 January 2024, the Ministry of Energy Transition and Water Transformation (PETRA) has introduced the new Low Carbon Energy Generation Programme ("LCEGP") as one of the Government's initiatives in achieving the goals outlined in National Energy Transition Roadmap (NETR). The LCEGP is available to power generation projects that utilise low-carbon power generation such as small hydro, biogas, biomass and hydrogen. Such projects will have to be registered under the New Enhanced Dispatch Arrangement (NEDA) mechanism.

A Guide to Renewable Energy in Southeast Asia

The Association of Southeast Asian Nations ("ASEAN") recognises the crucial role of energy in driving the region's growth. This has led to two key priorities: energy security and clean energy development. ASEAN aims for a 23% renewable energy ("RE") share by 2025 in the ASEAN Energy Mix (or TPES: Total Primary Energy Supply), with discussions underway for an even more ambitious target soon. Southeast Asia has abundant RE resources, but several hurdles remain, for instance infrastructure, the need for policy harmonisation, and community engagement. Each ASEAN country faces its own particular set of challenges and constraints in achieving its net zero emissions goal due to a myriad of factors including its stage of economic development, resources (financial and non-financial) and geographical constraints. As such, the policies and focus of each country in the deployment and development of RE may differ. In this Guide, we provide an overview of the RE landscape in the region and certain salient legal and regulatory issues affecting the development and deployment of RE in Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.