Maybank IB Research said the power sector is generally insulated from demand risk under the incentive-based regulation or IBR framework.
PETALING JAYA: The demand growth for electricity could remain elevated in 2025 as more data centres become operational.
Maybank Investment Bank (Maybank IB) Research said this but noted that the power sector is generally insulated from demand risk under the incentive-based regulation or IBR framework, and thus does not materially benefit from demand upside in the near term.
