Sustainability energy policy reform in Malaysia
The global energy system must be reformed. Energy supply systems largely based on fossil fuels must be replaced with those based on renewable energy (RE) to achieve at least 66% in limiting global temperature increase to below 2° C in the present century. The world remains below the 2° C climate obj...
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my.upm.eprints.999842024-04-22T02:37:08Z http://psasir.upm.edu.my/id/eprint/99984/ Sustainability energy policy reform in Malaysia Ahmad Ludin, Norasikin Han, Phoumin Mohd Chachuli, Fairuz Suzana Hamid, Norul Hisham The global energy system must be reformed. Energy supply systems largely based on fossil fuels must be replaced with those based on renewable energy (RE) to achieve at least 66% in limiting global temperature increase to below 2° C in the present century. The world remains below the 2° C climate objective and is even farther from attaining the aspirational target of limiting global warming to 1.5° C. Energy efficiency (EE) and RE are the pillars of the energy transition. They can provide more than 90% of the required energy-related CO2 emission reduction by using safe, reliable, affordable, and widely available technologies. Similarly, Malaysia is also transforming fossil-based energy into sustainable energy, such as RE. Malaysia is endowed with abundant resources. Solar, hydropower, and biomass are amongst the most popular sustainable energy forms available in Malaysia. Therefore, beginning sustainable energy growth for the current and future generations without policy intervention is critical for the country. This chapter aims to provide the readers with an overview of Malaysia’s commitment to facilitate sustainable energy policy reforms. It discusses RE development, including the key focus areas, policies, achievements, targets, existing initiatives that the government and the private sector are undertaking, and upcoming initiatives wherein relevant government entities are committed to fulfilling their roles. A study on policy performance and transition is also conducted using data envelopment analysis. The study identifies the effects of policy implementation on RE growth and the policy landscape in Malaysia. This chapter also highlights the roles of energy policy reform players and existing barriers. Finally, it concludes that some lessons learned from Malaysia’s experience in driving sustainable energy policy reforms may be critical if the projected development is realised without incurring substantial economic, social, and environmental consequences. Springer 2022-09-20 Book Section PeerReviewed Ahmad Ludin, Norasikin and Han, Phoumin and Mohd Chachuli, Fairuz Suzana and Hamid, Norul Hisham (2022) Sustainability energy policy reform in Malaysia. In: Revisiting Electricity Market Reforms. Springer, Singapore, 251 - 281. ISBN 9789811942655 https://link.springer.com/chapter/10.1007/978-981-19-4266-2_11 10.1007/978-981-19-4266-2 |
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The global energy system must be reformed. Energy supply systems largely based on fossil fuels must be replaced with those based on renewable energy (RE) to achieve at least 66% in limiting global temperature increase to below 2° C in the present century. The world remains below the 2° C climate objective and is even farther from attaining the aspirational target of limiting global warming to 1.5° C. Energy efficiency (EE) and RE are the pillars of the energy transition. They can provide more than 90% of the required energy-related CO2 emission reduction by using safe, reliable, affordable, and widely available technologies. Similarly, Malaysia is also transforming fossil-based energy into sustainable energy, such as RE. Malaysia is endowed with abundant resources. Solar, hydropower, and biomass are amongst the most popular sustainable energy forms available in Malaysia. Therefore, beginning sustainable energy growth for the current and future generations without policy intervention is critical for the country. This chapter aims to provide the readers with an overview of Malaysia’s commitment to facilitate sustainable energy policy reforms. It discusses RE development, including the key focus areas, policies, achievements, targets, existing initiatives that the government and the private sector are undertaking, and upcoming initiatives wherein relevant government entities are committed to fulfilling their roles. A study on policy performance and transition is also conducted using data envelopment analysis. The study identifies the effects of policy implementation on RE growth and the policy landscape in Malaysia. This chapter also highlights the roles of energy policy reform players and existing barriers. Finally, it concludes that some lessons learned from Malaysia’s experience in driving sustainable energy policy reforms may be critical if the projected development is realised without incurring substantial economic, social, and environmental consequences. |
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Book Section |
author |
Ahmad Ludin, Norasikin Han, Phoumin Mohd Chachuli, Fairuz Suzana Hamid, Norul Hisham |
spellingShingle |
Ahmad Ludin, Norasikin Han, Phoumin Mohd Chachuli, Fairuz Suzana Hamid, Norul Hisham Sustainability energy policy reform in Malaysia |
author_facet |
Ahmad Ludin, Norasikin Han, Phoumin Mohd Chachuli, Fairuz Suzana Hamid, Norul Hisham |
author_sort |
Ahmad Ludin, Norasikin |
title |
Sustainability energy policy reform in Malaysia |
title_short |
Sustainability energy policy reform in Malaysia |
title_full |
Sustainability energy policy reform in Malaysia |
title_fullStr |
Sustainability energy policy reform in Malaysia |
title_full_unstemmed |
Sustainability energy policy reform in Malaysia |
title_sort |
sustainability energy policy reform in malaysia |
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Springer |
publishDate |
2022 |
url |
http://psasir.upm.edu.my/id/eprint/99984/ https://link.springer.com/chapter/10.1007/978-981-19-4266-2_11 |
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