MALAYSIA’S PROJECTED TOTAL PRIMARY ENERGY SOURCE (TPES) BY 2050
Total Primary Energy Supply (Mtoe), by Energy Source
Starting Point (2030)
Low Carbon Nation Aspiration (2040)
Responsible Transition (2050)
Natural gas
Renewables for hydrogen Renewables 1
Coal
Crude oil, petroleum products and others
Includes bioenergy, solar, hydropower and hydrogen
NETR has developed the Responsible Transition (RT) Pathway 2050 to shift Malaysia’s energy systems from fossil fuel-based to greener and low-carbon systems. The Total Primary Energy Source (TPES) modelling indicate that our energy demand will increase marginally at 0.2% annually from 95 Mtoe in 2023 to 102 Mtoe in 2050. The RT Pathway 2050 has also shown promising decarbonisation results as evidenced by the phasing out of coal and the reduction of fossil-fuel reliance from 96% in 2023 to 77% in 2050. Natural gas is set to be not only a transitional fuel, but also the primary contributor of TPES at 57 Mtoe (56%) followed by renewables that include solar, hydro, and bioenergy, which collectively contribute 23% of TPES in 2050 from a mere 4% in 2023.
Malaysian Technology Strategic Outlook 2023/2024 Energy, Healthcare & Space Industry 48
Made with FlippingBook flipbook maker