Rising demand for more power generation capacity

Affin Hwang Investment Research estimates that Peninsular Malaysia may need to add 14GW to 15GW of generation capacity over the next five years from this year to 2030.

PETALING JAYA: The recent power outage affecting the Klang Valley and Johor Baru may accelerate the development of new power generation capacity.

As it is, Peninsular Malaysia’s existing generation capacity is under pressure to keep pace with rising demand and to support the country’s decarbonisation targets.