Advancing Just Energy Transition December 2023 | Page 16

ADVANCING JUST ENERGY TRANSITION
Malaysia ’ s Sustainable Energy Development Prospectus

1990

• Enactment of the Energy Commission Act .

2010

• Establishment of the Sustainable Energy Development Authority Act .
• Introduction of the Renewable Energy Act .

2015

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• Introduction of the Electricity Supply Act .

2001

• Introduction of the National Renewable Energy Policy and Action Plan .
• Introduction of the Malaysia New Energy Policy .

2011

• Amendment to the Electricity Supply Act .
• Introduction of the National Energy Efficiency Action Plan .
the total primary energy supply as of 2019 , primarily driven by traditional hydropower resources .
The Ministry of Natural Resources , Environment , and Climate Change ( NRECC ) oversees electricity supply , focusing on optimising RE and energy efficiency , shaping policies , and enforcing regulations .
The Energy Commission ( Suruhanjaya Tenaga ) in Peninsular Malaysia and Sabah manages electricity and gas issues , promotes RE use , ensures competition , and collaborates with the Sustainable Energy Development Authority ( SEDA ) on FiT implementation .
Malaysia aims to elevate its RE growth from 23 per cent or 8.45 GW of installed power capacity .
The Malaysia Renewable Energy Roadmap ( MyRER ) envisions achieving 31 per cent or 12.9 GW in 2025 and 40 per cent or 18.0 GW in 2035 .
This roadmap aligns with Malaysia ’ s commitment to reducing greenhouse gas emissions under the Paris Agreement , aiming for a 45 per cent reduction in carbon intensity by 2030 compared to 2005 levels . Realising these objectives is vital for meeting the Nationally Determined Contributions ( NDC ) targets established by the United Nations Framework Convention on Climate Change ( UNFCCC ).