Malaysian Technology Strategic Outlook

Global Primary Energy Demand by Fuel Based on International Energy Agency (IEA) New Policies Scenario, 2000 – 2040

Global primary energy demand by fuel based on International Energy Agency (IEA) New Policies Scenario, 2000 – 2040F

18.0 btoe

1.2

1.0

0.7

0.5

0.5

16.0

0.5

0.3

0.5

1.0

0.3

0.4

0.9

0.2

0.4

0.8

0.4

0.8

1.9

14.0

0.1

0.3

1.8

0.7

0.7

1.7

1.6

0.1

0.3

0.7

1.4

1.4

12.0

0.7

0.3

0.1

1.3

1.2

4.4

0.7

0.2

4.1

3.8

3.5

3.2

10.0

1.1

3.2

0.7

2.9

2.7

1.0

2.4

8.0

2.1

3.8

3.8

3.8

3.8

4.1

3.8

3.8

6.0

3.6

3.0

2.3

4.0

4.9

4.8

4.8

4.8

4.5

4.5

4.3

4.1

4.0

3.7

2.0

2000.0

2005.0

2010.0

2015.0

2018.0

2020.0

2025.0

2030.0

2035.0

2040.0

Oil

Coal

Natural Gas Bioenergy Nuclear

Hydro Other Renewable Energy

World Energy Outlook 2018

• Increasing demand for renewable sources (2018-2040 CAGR at 7%) • Sustained growth in natural gas demand (2018-2040 CAGR at 1.5%) • Demand for coal and oil is expected to remain stagnant

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Malaysian Technology Strategic Outlook 2023/2024 Energy, Healthcare & Space Industry

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