{"id":7245,"date":"2022-09-01T10:06:29","date_gmt":"2022-09-01T02:06:29","guid":{"rendered":"https:\/\/igbis.edu.my\/backupold2022\/the-past-changes-a-little-every-time-we-retell-it\/?page_id=7245"},"modified":"2025-03-21T12:46:34","modified_gmt":"2025-03-21T04:46:34","slug":"malaysian-energy","status":"publish","type":"page","link":"https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/malaysian-energy\/","title":{"rendered":"Malaysian Energy"},"content":{"rendered":"\n<ol class=\"wp-block-list\">\n<li><a href=\"#Energy\">Energy consumption in Malaysia<\/a><\/li>\n\n\n\n<li><a href=\"#Oil\">Oil<\/a><\/li>\n\n\n\n<li><a href=\"#Gas\">Natural Gas<\/a><\/li>\n\n\n\n<li><a href=\"#Electricity\">Electricity<\/a><\/li>\n\n\n\n<li><a href=\"#Power\">Power Consumption and Capacity<\/a><\/li>\n\n\n\n<li><a href=\"#Renewable\">Renewable Energy Sources<\/a><\/li>\n\n\n\n<li><a href=\"#Need\">What does Malaysia need from its energy?<\/a><\/li>\n\n\n\n<li><a href=\"#Solutions\">Possible Solutions<\/a><\/li>\n<\/ol>\n\n\n\n<p class=\"has-light-green-cyan-background-color has-background wp-block-paragraph\" id=\"Energy\"><strong>Energy Consumption in Malaysia<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized is-style-default\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"651\" src=\"https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-1.40.09-PM-1024x651.png\" alt=\"\" class=\"wp-image-7281\" style=\"width:616px;height:392px\" srcset=\"https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-1.40.09-PM-1024x651.png 1024w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-1.40.09-PM-300x191.png 300w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-1.40.09-PM-768x488.png 768w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-1.40.09-PM-1536x976.png 1536w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-1.40.09-PM.png 1936w\" sizes=\"(max-width: 767px) 89vw, (max-width: 1000px) 54vw, (max-width: 1071px) 543px, 580px\" \/><figcaption class=\"wp-element-caption\">https:\/\/ourworldindata.org\/energy\/country\/malaysia<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large is-resized is-style-default\"><img decoding=\"async\" width=\"1024\" height=\"756\" src=\"https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-1.44.38-PM-1024x756.png\" alt=\"\" class=\"wp-image-7283\" style=\"width:612px;height:452px\" srcset=\"https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-1.44.38-PM-1024x756.png 1024w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-1.44.38-PM-300x222.png 300w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-1.44.38-PM-768x567.png 768w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-1.44.38-PM-1536x1134.png 1536w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-1.44.38-PM.png 1544w\" sizes=\"(max-width: 767px) 89vw, (max-width: 1000px) 54vw, (max-width: 1071px) 543px, 580px\" \/><figcaption class=\"wp-element-caption\">https:\/\/ourworldindata.org\/energy\/country\/malaysia<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large is-resized is-style-default\"><img decoding=\"async\" width=\"1024\" height=\"759\" src=\"https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-1.46.01-PM-1024x759.png\" alt=\"\" class=\"wp-image-7284\" style=\"width:594px;height:440px\" srcset=\"https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-1.46.01-PM-1024x759.png 1024w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-1.46.01-PM-300x222.png 300w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-1.46.01-PM-768x569.png 768w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-1.46.01-PM-1536x1139.png 1536w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-1.46.01-PM.png 1538w\" sizes=\"(max-width: 767px) 89vw, (max-width: 1000px) 54vw, (max-width: 1071px) 543px, 580px\" \/><figcaption class=\"wp-element-caption\">https:\/\/ourworldindata.org\/energy\/country\/malaysia<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large is-resized is-style-default\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"680\" src=\"https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-1.48.18-PM-1-1024x680.png\" alt=\"\" class=\"wp-image-7287\" style=\"width:585px;height:388px\" srcset=\"https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-1.48.18-PM-1-1024x680.png 1024w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-1.48.18-PM-1-300x199.png 300w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-1.48.18-PM-1-768x510.png 768w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-1.48.18-PM-1.png 1536w\" sizes=\"(max-width: 767px) 89vw, (max-width: 1000px) 54vw, (max-width: 1071px) 543px, 580px\" \/><figcaption class=\"wp-element-caption\">https:\/\/ourworldindata.org\/energy\/country\/malaysia<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"\"><\/a><\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized is-style-default\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"757\" src=\"https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-10.06.04-AM-1024x757.png\" alt=\"\" class=\"wp-image-7247\" style=\"width:560px;height:414px\" srcset=\"https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-10.06.04-AM-1024x757.png 1024w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-10.06.04-AM-300x222.png 300w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-10.06.04-AM-768x568.png 768w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-10.06.04-AM.png 1098w\" sizes=\"(max-width: 767px) 89vw, (max-width: 1000px) 54vw, (max-width: 1071px) 543px, 580px\" \/><figcaption class=\"wp-element-caption\">https:\/\/www.eia.gov\/international\/analysis\/country\/MYS<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The report by the <a href=\"https:\/\/www.eia.gov\/international\/analysis\/country\/MYS\">United States Energy Information Administration<\/a>, from which the graph above is taken from, explains the following about <strong>Malaysia&#8217;s oil<\/strong>. <strong><mark style=\"color:#1703f8\" class=\"has-inline-color\">Any sections in speech or quotation marks are from the same report.<\/mark><\/strong> <\/p>\n\n\n\n<p class=\"has-pale-cyan-blue-background-color has-background wp-block-paragraph\" id=\"Oil\"><strong>Oil<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><mark class=\"has-inline-color has-vivid-red-color\">&#8220;Malaysia is the <strong>second\u2013largest oil and natural gas producer in Southeast Asia <\/strong>and is the fifth\u2013largest exporter of liquefied natural gas (LNG) in the world, as of 2019. It is strategically located on important routes for seaborne energy trade.<sup>&#8220;<\/sup><\/mark><\/li>\n\n\n\n<li>&#8220;Malaysia\u2019s energy industry is an <strong>important sector of growth for the economy<\/strong>. The government has focused on increasing hydrocarbon production through upstream investment and exploration as a driver of economic growth, but pursuing this strategy has become increasingly challenging because production has been declining as a result of maturing fields and a lack of developed new fields.&#8221;<\/li>\n\n\n\n<li>&#8220;According to the&nbsp;<em>Oil &amp; Gas Journal<\/em>&nbsp;(OGJ), Malaysia held proved <strong>oil reserves of 3.6 billion barrels <\/strong>as of January 2020, the fourth-largest reserves in Asia Pacific after China, India, and Vietnam.<sup>6<\/sup>&nbsp;Nearly all of Malaysia\u2019s oil comes from offshore fields.&#8221;<\/li>\n\n\n\n<li>&#8220;Total liquid fuels production in 2019 was an estimated <strong>712,000 barrels per day<\/strong> (b\/d), of which about 600,000 b\/d was crude oil. Total liquid fuels production has declined after reaching a high point of 762,000 b\/d for the decade in 2016 (Figure 1).&#8221;<\/li>\n\n\n\n<li>&#8220;Malaysia wants to <strong>expand its oil storage capacity<\/strong> because its need for more oil storage is growing because of increasing crude oil trade in the region. Singapore also faces capacity constraints to oil storage, which Malaysia seeks to capitalize on by becoming an alternative provider for oil storage in the region.&#8221;<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-large is-resized is-style-default\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"703\" src=\"https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-11.05.38-AM-1024x703.png\" alt=\"\" class=\"wp-image-7257\" style=\"width:588px;height:404px\" srcset=\"https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-11.05.38-AM-1024x703.png 1024w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-11.05.38-AM-300x206.png 300w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-11.05.38-AM-768x527.png 768w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-11.05.38-AM.png 1480w\" sizes=\"(max-width: 767px) 89vw, (max-width: 1000px) 54vw, (max-width: 1071px) 543px, 580px\" \/><figcaption class=\"wp-element-caption\">https:\/\/www.eia.gov\/international\/analysis\/country\/MYS<\/figcaption><\/figure>\n\n\n\n<p class=\"has-pale-cyan-blue-background-color has-background wp-block-paragraph\" id=\"Gas\"><strong>Natural Gas<\/strong>.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><mark class=\"has-inline-color has-vivid-red-color\">&#8220;Malaysia is <strong>one of the world\u2019s largest natural gas producers<\/strong> and exporters. Petronas is the dominant player in the natural gas sector.&#8221;<\/mark><\/li>\n\n\n\n<li>&#8220;<strong>Shell<\/strong> is one of the largest natural gas producers operating in Malaysia after Petronas and is a key player in the development of deepwater fields in Malaysia. Other international companies that have sizeable upstream investments in Malaysia\u2019s natural gas fields include <strong>ExxonMobil, JX Nippon Oil &amp; Gas, PTT Exploration and Production Public Company Limited (PTTEP), and Pertamina<\/strong>.&#8221;<\/li>\n\n\n\n<li>&#8220;According to the&nbsp;<em>OGJ<\/em>, Malaysia <strong>holds 41.8 trillion cubic feet<\/strong> (Tcf) of proved natural gas reserves as of January 2020.&#8221;<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-large is-resized is-style-default\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"686\" src=\"https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-11.47.14-AM-1024x686.png\" alt=\"\" class=\"wp-image-7261\" style=\"width:583px;height:391px\" srcset=\"https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-11.47.14-AM-1024x686.png 1024w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-11.47.14-AM-300x201.png 300w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-11.47.14-AM-768x514.png 768w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-11.47.14-AM-1536x1029.png 1536w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-11.47.14-AM.png 1592w\" sizes=\"(max-width: 767px) 89vw, (max-width: 1000px) 54vw, (max-width: 1071px) 543px, 580px\" \/><figcaption class=\"wp-element-caption\">https:\/\/www.eia.gov\/international\/analysis\/country\/MYS<\/figcaption><\/figure>\n\n\n\n<p class=\"has-pale-cyan-blue-background-color has-background wp-block-paragraph\" id=\"Electricity\"><strong>Electricity<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Malaysian government approved a new 10-year plan to reform the country\u2019s power sector. <mark class=\"has-inline-color has-vivid-red-color\">The Malaysian Electricity Supply Industry 2.0 (MESI 2.0) aims to liberalize the power industry and promote the use of renewable energy for power generation.<\/mark><\/li>\n\n\n\n<li>Malaysia\u2019s three main power transmission grids are located in Peninsular Malaysia, Sarawak, and Sabah. The National Grid in Peninsular Malaysia, the largest of the three, is interconnected with Thailand\u2019s and Singapore\u2019s electricity grids.<\/li>\n<\/ul>\n\n\n\n<p class=\"has-pale-cyan-blue-background-color has-background wp-block-paragraph\" id=\"Power\"><strong>Power Generation and Capacity<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><mark class=\"has-inline-color has-vivid-red-color\">&#8220;Malaysia\u2019s electricity demand, met mostly by natural gas and coal, <strong>continues to expand rapidly.<\/strong>&#8220;<\/mark><\/li>\n\n\n\n<li>&#8220;Total installed generation capacity at the end of 2018 was about 34 gigawatts (GW), located mostly in Peninsular Malaysia.<sup>36<\/sup>&nbsp;<strong>Fossil fuels, primarily coal and natural gas, accounted for about 78% of Malaysia\u2019s installed capacity<\/strong> at the end of 2018 and 83% of the country\u2019s electricity output in 2018.&#8221;<\/li>\n\n\n\n<li><mark style=\"color:#f70909\" class=\"has-inline-color\">&#8220;The high-demand centers, particularly in Peninsular Malaysia, are facing shortages of natural gas and a need for greater generation capacity.&#8221;<\/mark><\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-large is-resized is-style-default\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"701\" src=\"https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-11.56.02-AM-1024x701.png\" alt=\"\" class=\"wp-image-7263\" style=\"width:586px;height:401px\" srcset=\"https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-11.56.02-AM-1024x701.png 1024w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-11.56.02-AM-300x205.png 300w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-11.56.02-AM-768x525.png 768w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-11.56.02-AM.png 1146w\" sizes=\"(max-width: 767px) 89vw, (max-width: 1000px) 54vw, (max-width: 1071px) 543px, 580px\" \/><figcaption class=\"wp-element-caption\">https:\/\/www.eia.gov\/international\/analysis\/country\/MYS<\/figcaption><\/figure>\n\n\n\n<p class=\"has-pale-cyan-blue-background-color has-background wp-block-paragraph\" id=\"Coal\"><strong>Coal<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>&#8220;Coal, <strong>which accounted for 43% of power generation in 2018<\/strong>, has become much more economically competitive with natural gas for power generation.&#8221;<\/li>\n\n\n\n<li>&#8220;Nearly all of its domestic coal reserves are located in Sarawak, and <strong>Malaysia relies heavily on imports for coal<\/strong>.<sup>41<\/sup>&nbsp;Most of Malaysia\u2019s coal imports come from Indonesia and Australia, and Malaysia imported approximately 38 million short tons in 2019.&#8221;<\/li>\n<\/ul>\n\n\n\n<p class=\"has-pale-cyan-blue-background-color has-background wp-block-paragraph\" id=\"Renewable\"><strong>Renewable Energy Sources<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><mark class=\"has-inline-color has-vivid-red-color\">&#8220;The government has begun prioritizing clean energy and aims to achieve a capacity mix of <strong>25% in renewables by 2025<\/strong> in order to reduce its greenhouse emissions and to diversify its power fuel mix.&#8221;<\/mark><\/li>\n\n\n\n<li>&#8220;Malaysia is <strong>significantly expanding its use of hydroelectricity<\/strong>, which accounted for 18% of Malaysia\u2019s total installed capacity and 17% of electricity generation in 2017.&#8221;<\/li>\n<\/ul>\n\n\n\n<p class=\"has-pale-pink-background-color has-background wp-block-paragraph\" id=\"Need\"><strong>What does Malaysia need from its energy?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A. <a href=\"#Revenue\">Revenue<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">B. <a href=\"#Paris\">Paris Agreement<\/a><\/p>\n\n\n\n<p class=\"has-pale-pink-background-color has-background wp-block-paragraph\" id=\"Revenue\"><strong>Revenue<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Three of the twenty largest companies in Malaysia are owned by <a href=\"https:\/\/dividendmagic.com.my\/top-20-largest-and-most-valuable-companies-in-malaysia\/\">Petronas<\/a>. They also contribute a huge amount of revenue for the government (<a href=\"https:\/\/www.eia.gov\/international\/analysis\/country\/MYS\">35% of total revenue<\/a>) . <\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized is-style-default\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"523\" src=\"https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-10.10.33-AM-1024x523.png\" alt=\"\" class=\"wp-image-7250\" style=\"width:571px;height:292px\" srcset=\"https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-10.10.33-AM-1024x523.png 1024w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-10.10.33-AM-300x153.png 300w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-10.10.33-AM-768x392.png 768w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-10.10.33-AM.png 1160w\" sizes=\"(max-width: 767px) 89vw, (max-width: 1000px) 54vw, (max-width: 1071px) 543px, 580px\" \/><figcaption class=\"wp-element-caption\">https:\/\/www.malaysiakini.com\/news\/629265<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">&#8230;so if Malaysia relies on Petronas so much for its revenue, the government probably should work with the company going forward. <\/p>\n\n\n\n<p class=\"has-pale-pink-background-color has-background wp-block-paragraph\" id=\"Paris\"><strong>Paris Agreement<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Malaysia also needs to reduce its contribution to Global Greenhouse Gases because it was a signatory to the Paris Agreement of 2016.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-style-default\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"129\" src=\"https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-2.27.12-PM-1024x129.png\" alt=\"\" class=\"wp-image-7303\" srcset=\"https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-2.27.12-PM-1024x129.png 1024w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-2.27.12-PM-300x38.png 300w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-2.27.12-PM-768x97.png 768w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-2.27.12-PM-1536x193.png 1536w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-2.27.12-PM-2048x257.png 2048w\" sizes=\"(max-width: 767px) 89vw, (max-width: 1000px) 54vw, (max-width: 1071px) 543px, 580px\" \/><figcaption class=\"wp-element-caption\">https:\/\/www.umlawreview.com\/lex-in-breve\/malaysia-and-the-paris-agreement-current-wants-or-future-needs#:~:text=As%20a%20signatory%20to%20the,capacity%20building%20from%20developed%20countries.<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large is-resized is-style-default\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"405\" src=\"https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-2.33.58-PM-1024x405.png\" alt=\"\" class=\"wp-image-7304\" style=\"width:575px;height:227px\" srcset=\"https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-2.33.58-PM-1024x405.png 1024w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-2.33.58-PM-300x119.png 300w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-2.33.58-PM-768x304.png 768w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-2.33.58-PM-1536x607.png 1536w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-2.33.58-PM.png 1856w\" sizes=\"(max-width: 767px) 89vw, (max-width: 1000px) 54vw, (max-width: 1071px) 543px, 580px\" \/><figcaption class=\"wp-element-caption\">https:\/\/www.channelnewsasia.com\/commentary\/malaysia-climate-change-sustainability-commitments-carbon-neutral-2222621<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">and &#8230;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8220;The <strong>Malaysian palm oil industry is anticipated to play a major role in the reductions<\/strong>. The use of palm-based biofuels and bioenergy is expected to reduce GHG emissions by up to 82%, compared to conventional fossil fuels.<sup>4<\/sup>&nbsp;By 2020, when palm oil mills in Malaysia are all fully-equipped with biogas capture facilities, the carbon footprint for Malaysian palm oil is estimated towards reduction by 53%.<sup>5<\/sup>&#8220;<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-mpoc wp-block-embed-mpoc\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"FvPzx9RZO3\"><a href=\"https:\/\/www.mpoc.org.my\/the-paris-agreement-and-the-role-of-the-malaysian-palm-oil-industry\/\">The Paris Agreement and the Role of the Malaysian Palm Oil Industry<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;The Paris Agreement and the Role of the Malaysian Palm Oil Industry&#8221; &#8212; MPOC\" src=\"https:\/\/www.mpoc.org.my\/the-paris-agreement-and-the-role-of-the-malaysian-palm-oil-industry\/embed\/#?secret=QhkTjnsZKi#?secret=FvPzx9RZO3\" data-secret=\"FvPzx9RZO3\" width=\"525\" height=\"296\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<p class=\"has-pale-pink-background-color has-background wp-block-paragraph\" id=\"Possible\"><strong>Possible Solutions<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Malaysia is a developing nation or MIC so arguably is still in need of cheaper energy sources to become a developed country. But it also wants to help the environment too. The story below is just one example of this. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.reuters.com\/markets\/commodities\/malaysias-petronas-launches-clean-energy-firm-lead-carbon-free-push-2022-06-16\/\">Malaysia&#8217;s Petronas launches clean energy firm to lead carbon-free push<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">From the graph below, Malaysia has reduced its reliance on oil and natural gas and increased its energy consumption with coal and hydropower. Like other countries, it seems it is trying to strike a balance between its available natural resources (allowing for cheaper energy for its people and a huge revenue-making industry) and an attempt to use more renewables.  <\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized is-style-default\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"612\" src=\"https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-1.52.05-PM-1024x612.png\" alt=\"\" class=\"wp-image-7289\" style=\"width:592px;height:354px\" srcset=\"https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-1.52.05-PM-1024x612.png 1024w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-1.52.05-PM-300x179.png 300w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-1.52.05-PM-768x459.png 768w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-1.52.05-PM-1536x918.png 1536w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-1.52.05-PM-2048x1224.png 2048w\" sizes=\"(max-width: 767px) 89vw, (max-width: 1000px) 54vw, (max-width: 1071px) 543px, 580px\" \/><figcaption class=\"wp-element-caption\">https:\/\/ourworldindata.org\/energy\/country\/malaysia<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">&#8230;and it is reducing its reliance on fossil fuels too. <\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized is-style-default\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"707\" src=\"https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-1.55.50-PM-1024x707.png\" alt=\"\" class=\"wp-image-7293\" style=\"width:596px;height:411px\" srcset=\"https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-1.55.50-PM-1024x707.png 1024w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-1.55.50-PM-300x207.png 300w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-1.55.50-PM-768x530.png 768w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-1.55.50-PM-1536x1060.png 1536w, https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-content\/uploads\/sites\/8\/2022\/09\/Screenshot-2022-09-01-at-1.55.50-PM.png 1718w\" sizes=\"(max-width: 767px) 89vw, (max-width: 1000px) 54vw, (max-width: 1071px) 543px, 580px\" \/><figcaption class=\"wp-element-caption\">https:\/\/ourworldindata.org\/energy\/country\/malaysia<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Key questions like the following need answering for the future of Malaysian energy.<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>As a developing country, what are the most efficient and cheap energy sources?<\/li>\n\n\n\n<li>Can Malaysia afford not to invest heavily in renewable energies? What would happen to their global reputation if they did not?<\/li>\n\n\n\n<li>With regards to energy and both renewables and non-renewables , what are the geographical advantages Malaysia has? <\/li>\n\n\n\n<li>How many people are employed in the Malaysian energy industries?<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">There are lots of useful graphs and analysis in the following sources:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/ourworldindata.org\/energy\/country\/malaysia\">Malaysia: Energy Country Profile<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.iea.org\/countries\/malaysia\">IEA Malaysia<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.mida.gov.my\/mida-news\/malaysias-renewable-energy-outlook-2022\/\">Malaysia\u2019s renewable energy outlook 2022<\/a><\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-trp wp-block-embed-trp\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"aWC9YxVonA\"><a href=\"https:\/\/www.therakyatpost.com\/living\/2024\/12\/27\/where-does-malaysias-energy-come-from-whats-next\/\">Where Does Malaysia\u2019s Energy Come From &amp; What\u2019s Next?<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Where Does Malaysia\u2019s Energy Come From &amp; What\u2019s Next?&#8221; &#8212; TRP\" src=\"https:\/\/www.therakyatpost.com\/living\/2024\/12\/27\/where-does-malaysias-energy-come-from-whats-next\/embed\/#?secret=d3Hs4TpMyU#?secret=aWC9YxVonA\" data-secret=\"aWC9YxVonA\" width=\"525\" height=\"296\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Energy Consumption in Malaysia The report by the United States Energy Information Administration, from which the graph above is taken from, explains the following about Malaysia&#8217;s oil. Any sections in speech or quotation marks are from the same report. Oil Natural Gas. Electricity Power Generation and Capacity Coal Renewable Energy Sources What does Malaysia need &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/malaysian-energy\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Malaysian Energy&#8221;<\/span><\/a><\/p>\n","protected":false},"author":95,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_crdt_document":"","footnotes":""},"class_list":["post-7245","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-json\/wp\/v2\/pages\/7245","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-json\/wp\/v2\/users\/95"}],"replies":[{"embeddable":true,"href":"https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-json\/wp\/v2\/comments?post=7245"}],"version-history":[{"count":37,"href":"https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-json\/wp\/v2\/pages\/7245\/revisions"}],"predecessor-version":[{"id":10369,"href":"https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-json\/wp\/v2\/pages\/7245\/revisions\/10369"}],"wp:attachment":[{"href":"https:\/\/stg.igbis.edu.my\/the-past-changes-a-little-every-time-we-retell-it\/wp-json\/wp\/v2\/media?parent=7245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}