Enhancing energy security in Malayia: The challenges towards sustainable environment

Energy is known as one of the essential ingredients for economic development and security of energy supply is crucial in ensuring continuous economic development of a country. Malaysia's proven domestic oil reserves are estimated to last for another 25 years, while that of gas for another 39 ye...

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Main Authors: Sahid E.J.M., Siang C.C., Peng L.Y.
Other Authors: 55812238700
Format: Conference paper
Published: Institute of Physics Publishing 2023
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spelling my.uniten.dspace-301352023-12-29T15:44:50Z Enhancing energy security in Malayia: The challenges towards sustainable environment Sahid E.J.M. Siang C.C. Peng L.Y. 55812238700 55812076800 36680520400 Malaysia Energy security Petroleum deposits Economic development Energy imports Energy self-sufficiency Energy supplies Energy supply security Primary energies Primary energy demand Sustainable environment alternative energy crude oil demand-side management economic development energy market energy planning energy resource fossil fuel import sustainable development Sustainable development Energy is known as one of the essential ingredients for economic development and security of energy supply is crucial in ensuring continuous economic development of a country. Malaysia's proven domestic oil reserves are estimated to last for another 25 years, while that of gas for another 39 years as of 2011. Despite the depleting indigenous energy resources, the primary energy demand has continued to grow robustly, at an annual rate of 6.3 percent per year from 1990 to 2010, while the primary energy import has grown 7.2% per year and the primary energy export has grown at a slower rate of 1.9% per year. This worrying trend is further compounded by the faster rate of primary oil import averaging 10.5% per year while the primary energy export has shrink at a rate of 1.4% per year. This paper has identified two main concerns namely overdependence on fossil fuel and increasing energy import dependency in creating a precarious position towards energy self-sufficiency. The study will analyse the energy security of the country and explore possible options and challenges in enhancing the energy supply security toward sustainable environment. � Published under licence by IOP Publishing Ltd. Final 2023-12-29T07:44:50Z 2023-12-29T07:44:50Z 2013 Conference paper 10.1088/1755-1315/16/1/012120 2-s2.0-84881110309 https://www.scopus.com/inward/record.uri?eid=2-s2.0-84881110309&doi=10.1088%2f1755-1315%2f16%2f1%2f012120&partnerID=40&md5=fafbd68fb9498c039cb922eac4802494 https://irepository.uniten.edu.my/handle/123456789/30135 16 1 12120 All Open Access; Gold Open Access Institute of Physics Publishing Scopus
institution Universiti Tenaga Nasional
building UNITEN Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Tenaga Nasional
content_source UNITEN Institutional Repository
url_provider http://dspace.uniten.edu.my/
topic Malaysia
Energy security
Petroleum deposits
Economic development
Energy imports
Energy self-sufficiency
Energy supplies
Energy supply security
Primary energies
Primary energy demand
Sustainable environment
alternative energy
crude oil
demand-side management
economic development
energy market
energy planning
energy resource
fossil fuel
import
sustainable development
Sustainable development
spellingShingle Malaysia
Energy security
Petroleum deposits
Economic development
Energy imports
Energy self-sufficiency
Energy supplies
Energy supply security
Primary energies
Primary energy demand
Sustainable environment
alternative energy
crude oil
demand-side management
economic development
energy market
energy planning
energy resource
fossil fuel
import
sustainable development
Sustainable development
Sahid E.J.M.
Siang C.C.
Peng L.Y.
Enhancing energy security in Malayia: The challenges towards sustainable environment
description Energy is known as one of the essential ingredients for economic development and security of energy supply is crucial in ensuring continuous economic development of a country. Malaysia's proven domestic oil reserves are estimated to last for another 25 years, while that of gas for another 39 years as of 2011. Despite the depleting indigenous energy resources, the primary energy demand has continued to grow robustly, at an annual rate of 6.3 percent per year from 1990 to 2010, while the primary energy import has grown 7.2% per year and the primary energy export has grown at a slower rate of 1.9% per year. This worrying trend is further compounded by the faster rate of primary oil import averaging 10.5% per year while the primary energy export has shrink at a rate of 1.4% per year. This paper has identified two main concerns namely overdependence on fossil fuel and increasing energy import dependency in creating a precarious position towards energy self-sufficiency. The study will analyse the energy security of the country and explore possible options and challenges in enhancing the energy supply security toward sustainable environment. � Published under licence by IOP Publishing Ltd.
author2 55812238700
author_facet 55812238700
Sahid E.J.M.
Siang C.C.
Peng L.Y.
format Conference paper
author Sahid E.J.M.
Siang C.C.
Peng L.Y.
author_sort Sahid E.J.M.
title Enhancing energy security in Malayia: The challenges towards sustainable environment
title_short Enhancing energy security in Malayia: The challenges towards sustainable environment
title_full Enhancing energy security in Malayia: The challenges towards sustainable environment
title_fullStr Enhancing energy security in Malayia: The challenges towards sustainable environment
title_full_unstemmed Enhancing energy security in Malayia: The challenges towards sustainable environment
title_sort enhancing energy security in malayia: the challenges towards sustainable environment
publisher Institute of Physics Publishing
publishDate 2023
_version_ 1806427732415873024
score 13.209306