Malaysia needs 9 GW of new gas power to manage rising electricity demand, minister says


KUALA LUMPUR: Malaysia will need 9 gigawatts (GW) of new gas-fired power generation capacity to address rising electricity demand as the country moves toward its plan of fully retiring its coal-fired power plants by 2044, the economy minister said on Tuesday.

Energy demand is seen rising substantially amid a boom in AI data centres, Akmal Nasrullah Mohd Nasir said, with higher temperatures due to climate change also expected to drive up consumption.

Malaysia is the fastest-growing data-centre hub in Southeast Asia, attracting ​billions of dollars in investments from major ​global tech ⁠firms including Amazon and Microsoft.

New gas generation capacity will be needed as Malaysia looks to retire the last of its coal power plants by 2044, Akmal told reporters at an Energy Commission conference.

"This is the planning ... to ensure that we will be able to manage the demand," he said. - Reuters

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Critical Holdings’ contract value rises to RM226.68mil
Pantech Global proposes RM31.73mil sale of Klang land
AHB Holdings, Seri Beskaya to establish strategic JV
CTOS Digital estimates RM12mil in Patami impact from cybersecurity incident
Land 33 to acquire Penang land for RM32.3mil
Lianson Fleet acquires bulk carrier for RM93.9mil
FBM KLCI closed marginally higher
HTP acquires 30% stake in Mentiga Corp for RM21mil
Ekonusa Bhd eyes ACE Market listing
AI boom bolstered growth in global trade,� benefiting China and India, IMF says

Others Also Read