PETALING JAYA: The rapid expansion of data centres (DCs) in Malaysia is expected to boost electricity demand, which in turn will drive power generation and gas consumption, says Kenanga Research.
In a sector note, citing national utility giant Tenaga Nasional Bhd
(TNB), the research house pointed out that electricity demand in Peninsular Malaysia grew 6.2% year-on-year in 2024, largely due to a 9.2% surge in the commercial segment – led by DCs.
